Indian Overseas Bank rose 1.53% to Rs 46.45 at 10:31  IST on BSE, after the biggest domestic instutional investors Life  Insurance Corporation of India hiked its stake in the state-run bank.      The bank made this announcement after trading hours on Wednesday, 25 March  2009.  Meanwhile, the BSE Sensex was up 126.19 points, or 1.31%, to 9,794.09.  On BSE, 31,003 shares were traded in the counter. The stock had an average  daily volume of 1.93 lakh shares in the past one quarter.  The stock hit a high of Rs 47 and a low of Rs 45.95 so far during the day.  The stock hit a 52-week high of Rs 156.80 on 2 May 2008 and a 52-week low of Rs  37.55 on 9 March 2009.  The mid-cap bank stock had underperformed the market over the past one month  till 25 March 2009, falling 3.17% as compared to the Sensex's 8.60% rise. It had  also underperformed the market in the past one quarter, declining 33.94% as  compared to the Sensex's 1.04% rise.  The bank's current equ  The current price of ...