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BSE:IOB 18 December 2025

Indian Overseas Bank OFS Today: Govt Exercises Green Shoe Option as IOB Shares Slide; Retail Bidding Opens at ₹34 Floor

Indian Overseas Bank OFS Today: Govt Exercises Green Shoe Option as IOB Shares Slide; Retail Bidding Opens at ₹34 Floor

Indian Overseas Bank expanded its offer for sale on December 18, 2025, adding 7.61 crore shares through a partial green shoe option, bringing the total to 46.12 crore shares. The stock traded near the ₹34 floor price, down 0.64% on BSE. The government, holding 94.61% of IOB, is selling shares over two days, with retail bidding open Thursday.
18 December 2025
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Stock Market Today

  • Gibraltar Industries (ROCK) Shares Down 38% in a Year; Valuation Suggests Undervaluation
    June 6, 2026, 8:44 AM EDT. Gibraltar Industries (ROCK) shares fell 38.3% over the past year to $36.97, reflecting weakened momentum and market reassessment of growth prospects. Despite recent declines, analyst consensus values the stock at $68.67, indicating a 46.2% undervaluation. The company, with $1.25 billion in revenue and $62.39 million net income, is refocusing on core Building Products and Structures after divesting its Renewables segment. This strategy aims to capitalize on North American infrastructure growth, potentially boosting revenue and margins. Risks include a soft Residential market and acquisition execution. The contrasting share price and fair value highlight investor uncertainty on future earnings and margin recovery.

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