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Jammu and Kashmir Bank Ltd eases for fifth straight session

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Capital Market
Last Updated : Apr 03 2020 | 1:50 PM IST

Jammu and Kashmir Bank Ltd is quoting at Rs 11.3, down 5.83% on the day as on 13:24 IST on the NSE. The stock tumbled 55.55% in last one year as compared to a 29.81% slide in NIFTY and a 62.57% fall in the Nifty PSU Bank index.

Jammu and Kashmir Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 11.3, down 5.83% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.37% on the day, quoting at 8140.7. The Sensex is at 27818.17, down 1.58%.Jammu and Kashmir Bank Ltd has eased around 38.92% in last one month.Meanwhile, Nifty PSU Bank index of which Jammu and Kashmir Bank Ltd is a constituent, has eased around 33.43% in last one month and is currently quoting at 1283.1, down 3.19% on the day. The volume in the stock stood at 14.66 lakh shares today, compared to the daily average of 11.61 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending December 19.

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First Published: Apr 03 2020 | 1:35 PM IST

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