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IDFC First Bank Ltd up for third straight session

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Capital Market
Last Updated : Dec 14 2022 | 1:50 PM IST

IDFC First Bank Ltd is quoting at Rs 62.55, up 3.99% on the day as on 12:49 IST on the NSE. The stock is up 24.6% in last one year as compared to a 8.46% spurt in NIFTY and a 19.92% spurt in the Nifty Bank index.

IDFC First Bank Ltd gained for a third straight session today. The stock is quoting at Rs 62.55, up 3.99% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 18677.5. The Sensex is at 62739.86, up 0.33%. IDFC First Bank Ltd has risen around 9.45% in last one month.

Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has risen around 4.12% in last one month and is currently quoting at 43946.55, up 0.39% on the day. The volume in the stock stood at 402.16 lakh shares today, compared to the daily average of 282.13 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 62.8, up 3.8% on the day. IDFC First Bank Ltd is up 24.6% in last one year as compared to a 8.46% spurt in NIFTY and a 19.92% spurt in the Nifty Bank index.

The PE of the stock is 22.7 based on TTM earnings ending September 22.

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First Published: Dec 14 2022 | 1:05 PM IST

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