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Edelweiss Financial Services Ltd tanks more than 5%

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Edelweiss Financial Services Ltd is quoting at Rs 39.95, down 5.22% on the day as on 13:24 IST on the NSE. The stock tumbled 53.82% in last one year as compared to a 23.8% slide in NIFTY and a 19.22% fall in the Nifty Financial Services index.

Edelweiss Financial Services Ltd dropped for a fifth straight session today. The stock is quoting at Rs 39.95, down 5.22% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 5.65% on the day, quoting at 8730.5. The Sensex is at 30062.29, up 6.27%.Edelweiss Financial Services Ltd has lost around 56.95% in last one month.Meanwhile, Nifty Financial Services index of which Edelweiss Financial Services Ltd is a constituent, has eased around 30.42% in last one month and is currently quoting at 9598.35, up 3.2% on the day. The volume in the stock stood at 23.68 lakh shares today, compared to the daily average of 27.35 lakh shares in last one month.

 

The PE of the stock is 37.11 based on TTM earnings ending December 19.

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First Published: Mar 20 2020 | 1:35 PM IST

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