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RBL Bank Ltd down for fifth straight session

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Capital Market
Last Updated : Nov 24 2022 | 1:50 PM IST

RBL Bank Ltd is quoting at Rs 140.7, down 0.18% on the day as on 13:19 IST on the NSE. The stock tumbled 29.83% in last one year as compared to a 4.81% rally in NIFTY and a 13.63% spurt in the Nifty PSU Bank index.

RBL Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 140.7, down 0.18% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.61% on the day, quoting at 18379.25. The Sensex is at 61889.98, up 0.62%.RBL Bank Ltd has added around 13.65% in last one month.Meanwhile, Nifty PSU Bank index of which RBL Bank Ltd is a constituent, has increased around 2.82% in last one month and is currently quoting at 21670.3, up 0.26% on the day. The volume in the stock stood at 38.61 lakh shares today, compared to the daily average of 207.52 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 140.6, down 0.57% on the day. RBL Bank Ltd tumbled 29.83% in last one year as compared to a 4.81% rally in NIFTY and a 13.63% spurt in the Nifty PSU Bank index.

The PE of the stock is 11.16 based on TTM earnings ending September 22.

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First Published: Nov 24 2022 | 1:35 PM IST

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