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IDFC Bank Ltd drops for fifth straight session

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Capital Market
Last Updated : Jul 02 2018 | 1:50 PM IST

The stock is quoting at Rs 38.45, down 1.03% on the day as on 13:19 IST on the NSE. IDFC Bank Ltd tumbled 30.03% in last one year as compared to a 10.4% rally in NIFTY and a 12.14% spurt in the Nifty Bank index.

IDFC Bank Ltd fell for a fifth straight session today. The stock is quoting at 38.45, down 1.03% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.93% on the day, quoting at 10614.85. The Sensex is at 35137.28, down 0.81%.IDFC Bank Ltd has eased around 1.79% in last one month.Meanwhile, Nifty Bank index of which IDFC Bank Ltd is a constituent, has eased around 0.61% in last one month and is currently quoting at 26364.2, down 1.01% on the day. The volume in the stock stood at 94.86 lakh shares today, compared to the daily average of 183.38 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 38.1, down 1.42% on the day. IDFC Bank Ltd tumbled 30.03% in last one year as compared to a 10.4% rally in NIFTY and a 12.14% spurt in the Nifty Bank index.

The PE of the stock is 15.44 based on TTM earnings ending March 18.

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First Published: Jul 02 2018 | 1:35 PM IST

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