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RBL Bank Ltd stays supported

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Capital Market
Last Updated : Dec 06 2021 | 1:31 PM IST

RBL Bank Ltd is quoting at Rs 193.8, up 0.54% on the day as on 12:49 IST on the NSE. The stock is down 20.23% in last one year as compared to a 27.82% jump in NIFTY and a 19.61% jump in the Nifty Bank.

RBL Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 193.8, up 0.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.73% on the day, quoting at 17070.9. The Sensex is at 57258.23, down 0.76%. RBL Bank Ltd has slipped around 5.07% in last one month.

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has slipped around 8.38% in last one month and is currently quoting at 36197.15, down 0.17% on the day. The volume in the stock stood at 38.91 lakh shares today, compared to the daily average of 91.29 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 195.3, up 0.57% on the day. RBL Bank Ltd is down 20.23% in last one year as compared to a 27.82% jump in NIFTY and a 19.61% jump in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 21.

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First Published: Dec 06 2021 | 1:00 PM IST

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