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IDBI Bank Ltd down for fifth straight session

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Capital Market

IDBI Bank Ltd is quoting at Rs 43.85, down 0.11% on the day as on 13:24 IST on the NSE. The stock tumbled 28.81% in last one year as compared to a 4.74% rally in NIFTY and a 16.17% fall in the Nifty PSU Bank index.

IDBI Bank Ltd is down for a fifth straight session today. The stock is quoting at 43.85, down 0.11% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 11078.65. The Sensex is at 37039.65, up 0.17%.IDBI Bank Ltd has lost around 29.16% in last one month.Meanwhile, Nifty PSU Bank index of which IDBI Bank Ltd is a constituent, has eased around 7.56% in last one month and is currently quoting at 2951.5, up 0.08% on the day. The volume in the stock stood at 67.58 lakh shares today, compared to the daily average of 50.9 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 43.6, down 1.25% on the day. IDBI Bank Ltd tumbled 28.81% in last one year as compared to a 4.74% rally in NIFTY and a 16.17% fall in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 18.

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First Published: Feb 07 2019 | 1:35 PM IST

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