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IDBI Bank Ltd gains for fifth session

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Capital Market
Last Updated : Oct 05 2018 | 1:16 PM IST

The stock is quoting at Rs 57.6, up 1.14% on the day as on 12:44 IST on the NSE. IDBI Bank Ltd is up 7.87% in last one year as compared to a 4.59% gain in NIFTY and a 12.86% gain in the Nifty PSU Bank.

IDBI Bank Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 57.6, up 1.14% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.52% on the day, quoting at 10438.25. The Sensex is at 34738.47, down 1.22%. IDBI Bank Ltd has dropped around 2.62% in last one month.

Meanwhile, Nifty PSU Bank index of which IDBI Bank Ltd is a constituent, has dropped around 14.54% in last one month and is currently quoting at 2777.8, down 2.7% on the day. The volume in the stock stood at 187.09 lakh shares today, compared to the daily average of 97.85 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 57.8, up 1.23% on the day. IDBI Bank Ltd is up 7.87% in last one year as compared to a 4.59% gain in NIFTY and a 12.86% gain in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending June 18.

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First Published: Oct 05 2018 | 1:00 PM IST

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