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City Union Bank Ltd drops for fifth straight session

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Capital Market

City Union Bank Ltd is quoting at Rs 220, down 1.12% on the day as on 13:24 IST on the NSE. The stock tumbled 21.98% in last one year as compared to a 13.14% rally in NIFTY and a 10.54% spurt in the Nifty Private Bank index.

City Union Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 220, down 1.12% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 12134.05. The Sensex is at 41316.83, down 0.34%.City Union Bank Ltd has eased around 9.43% in last one month.Meanwhile, Nifty Private Bank index of which City Union Bank Ltd is a constituent, has eased around 3.76% in last one month and is currently quoting at 17083, down 1% on the day. The volume in the stock stood at 11.24 lakh shares today, compared to the daily average of 8.41 lakh shares in last one month.

 

The PE of the stock is 21.87 based on TTM earnings ending December 19.

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First Published: Feb 14 2020 | 1:35 PM IST

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