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Indian Bank gains for third straight session

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Capital Market
Last Updated : Oct 11 2021 | 1:32 PM IST

Indian Bank is quoting at Rs 145.25, up 2.65% on the day as on 12:54 IST on the NSE. The stock is up 145.15% in last one year as compared to a 51.14% jump in NIFTY and a 95.01% jump in the Nifty PSU Bank index.

Indian Bank is up for a third straight session today. The stock is quoting at Rs 145.25, up 2.65% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.77% on the day, quoting at 18032.5. The Sensex is at 60437.87, up 0.63%. Indian Bank has gained around 16.2% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has gained around 9.22% in last one month and is currently quoting at 2550, up 0.24% on the day. The volume in the stock stood at 31.71 lakh shares today, compared to the daily average of 34.49 lakh shares in last one month.

The PE of the stock is 4.62 based on TTM earnings ending June 21.

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First Published: Oct 11 2021 | 1:05 PM IST

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