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RBL Bank Ltd spurts 1.1%, gains for fifth straight session

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Capital Market
Last Updated : Dec 04 2020 | 1:31 PM IST

RBL Bank Ltd is quoting at Rs 234.35, up 1.1% on the day as on 12:44 IST on the NSE. The stock is down 35.88% in last one year as compared to a 9.75% gain in NIFTY and a 6.55% gain in the Nifty Bank.

RBL Bank Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 234.35, up 1.1% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.43% on the day, quoting at 13190.3. The Sensex is at 44836.38, up 0.46%. RBL Bank Ltd has added around 26.13% in last one month.

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has added around 12.63% in last one month and is currently quoting at 29448.75, up 0.63% on the day. The volume in the stock stood at 144 lakh shares today, compared to the daily average of 222.7 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 232.35, up 0.06% on the day. RBL Bank Ltd is down 35.88% in last one year as compared to a 9.75% gain in NIFTY and a 6.55% gain in the Nifty Bank index.

The PE of the stock is 29.5 based on TTM earnings ending September 20.

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First Published: Dec 04 2020 | 1:00 PM IST

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