The stock is quoting at Rs 310, up 1.77% on the day as on 12:49 IST on the NSE. Indian Bank is up 8.79% in last one year as compared to a 12.04% spurt in NIFTY and a 10.93% spurt in the Nifty PSU Bank.
Indian Bank is up for a fifth straight session in a row. The stock is quoting at Rs 310, up 1.77% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 10262.55. The Sensex is at 33396.9, down 0.86%. Indian Bank has dropped around 1.7% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has dropped around 4.74% in last one month and is currently quoting at 2940, up 0.79% on the day. The volume in the stock stood at 15.76 lakh shares today, compared to the daily average of 24.69 lakh shares in last one month.
The benchmark March futures contract for the stock is quoting at Rs 311.65, up 1.98% on the day. Indian Bank is up 8.79% in last one year as compared to a 12.04% spurt in NIFTY and a 10.93% spurt in the Nifty PSU Bank index.
The PE of the stock is 10.1 based on TTM earnings ending December 17.
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