Indian Bank is quoting at Rs 249.8, up 2.57% on the day as on 12:49 IST on the NSE. The stock is down 33.48% in last one year as compared to a 3.63% gain in NIFTY and a 14.6% gain in the Nifty PSU Bank index.
Indian Bank rose for a third straight session today. The stock is quoting at Rs 249.8, up 2.57% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 10821.25. The Sensex is at 35938.76, down 0.36%. Indian Bank has added around 8.82% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has added around 5.11% in last one month and is currently quoting at 3088, up 0.22% on the day. The volume in the stock stood at 12.36 lakh shares today, compared to the daily average of 15.36 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 251, up 2.32% on the day. Indian Bank is down 33.48% in last one year as compared to a 3.63% gain in NIFTY and a 14.6% gain in the Nifty PSU Bank index.
The PE of the stock is 14.74 based on TTM earnings ending September 18.
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