IDBI Bank Ltd is up for a third straight session in a row

The stock is quoting at Rs 83.85, up 4.36% on the day as on 12:54 IST on the NSE. IDBI Bank Ltd is up 8.12% in last one year as compared to a 15.31% spurt in NIFTY and a 7.78% spurt in the Nifty PSU Bank index.

IDBI Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 83.85, up 4.36% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.17% on the day, quoting at 10335.8. The Sensex is at 33683.6, down 1.07%. IDBI Bank Ltd has risen around 47.11% in last one month.

Meanwhile, Nifty PSU Bank index of which IDBI Bank Ltd is a constituent, has risen around 12.23% in last one month and is currently quoting at 3021.45, down 0.1% on the day. The volume in the stock stood at 335.19 lakh shares today, compared to the daily average of 240.09 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 84.75, up 4.95% on the day. IDBI Bank Ltd is up 8.12% in last one year as compared to a 15.31% spurt in NIFTY and a 7.78% spurt in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 17.

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