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IDBI Bank Ltd gains for third straight session

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Capital Market
Last Updated : Oct 03 2018 | 1:16 PM IST

The stock is quoting at Rs 56.15, up 3.79% on the day as on 12:49 IST on the NSE. IDBI Bank Ltd is up 7.46% in last one year as compared to a 10.43% jump in NIFTY and a 7.37% jump in the Nifty PSU Bank index.

IDBI Bank Ltd is up for a third straight session today. The stock is quoting at Rs 56.15, up 3.79% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 10948.6. The Sensex is at 36352.48, down 0.48%. IDBI Bank Ltd has slipped around 6.03% in last one month.

Meanwhile, Nifty PSU Bank index of which IDBI Bank Ltd is a constituent, has slipped around 11.07% in last one month and is currently quoting at 2798.6, up 0.63% on the day. The volume in the stock stood at 75.33 lakh shares today, compared to the daily average of 95.63 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 56.35, up 3.58% on the day. IDBI Bank Ltd is up 7.46% in last one year as compared to a 10.43% jump in NIFTY and a 7.37% jump 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 03 2018 | 1:05 PM IST

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