Don’t miss the latest developments in business and finance.

IDFC Bank Ltd gains for third consecutive session

Image
Capital Market
Last Updated : Aug 13 2018 | 1:16 PM IST

The stock is quoting at Rs 44.55, up 2.65% on the day as on 12:49 IST on the NSE. IDFC Bank Ltd is down 18.18% in last one year as compared to a 16.33% spurt in NIFTY and a 15.49% spurt in the Nifty Bank index.

IDFC Bank Ltd gained for a third straight session today. The stock is quoting at Rs 44.55, up 2.65% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 11393.35. The Sensex is at 37738.75, down 0.34%. IDFC Bank Ltd has risen around 23.41% in last one month.

Meanwhile, Nifty Bank index of which IDFC Bank Ltd is a constituent, has risen around 4.39% in last one month and is currently quoting at 28124.25, down 0.97% on the day. The volume in the stock stood at 72.91 lakh shares today, compared to the daily average of 113.05 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 44.7, up 2.76% on the day. IDFC Bank Ltd is down 18.18% in last one year as compared to a 16.33% spurt in NIFTY and a 15.49% spurt in the Nifty Bank index.

The PE of the stock is 30.93 based on TTM earnings ending June 18.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 13 2018 | 1:05 PM IST

Next Story