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Syndicate Bank slips for fifth straight session

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Capital Market
Last Updated : Aug 02 2019 | 1:50 PM IST

Syndicate Bank is quoting at Rs 31.4, down 0.63% on the day as on 13:24 IST on the NSE. The stock tumbled 34.14% in last one year as compared to a 3.89% slide in NIFTY and a 17.35% fall in the Nifty PSU Bank index.

Syndicate Bank dropped for a fifth straight session today. The stock is quoting at Rs 31.4, down 0.63% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 10919.05. The Sensex is at 36866.73, down 0.41%.Syndicate Bank has lost around 21.3% in last one month.Meanwhile, Nifty PSU Bank index of which Syndicate Bank is a constituent, has eased around 17.78% in last one month and is currently quoting at 2683.95, down 0.26% on the day. The volume in the stock stood at 7.05 lakh shares today, compared to the daily average of 16.7 lakh shares in last one month.

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

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First Published: Aug 02 2019 | 1:36 PM IST

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