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IDBI Bank Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 59.15, down 0% on the day as on 13:19 IST on the NSE. IDBI Bank Ltd jumped 5.25% in last one year as compared to a 16.47% rally in NIFTY and a 2.9% fall in the Nifty PSU Bank index.

IDBI Bank Ltd fell for a fifth straight session today. The stock is quoting at 59.15, down 0% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 11570.9. The Sensex is at 38330.62, up 0.23%.IDBI Bank Ltd has eased around 4.98% in last one month.Meanwhile, Nifty PSU Bank index of which IDBI Bank Ltd is a constituent, has eased around 4.71% in last one month and is currently quoting at 3162.7, down 1.14% on the day. The volume in the stock stood at 38.5 lakh shares today, compared to the daily average of 128.79 lakh shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 59.4, down 0.34% on the day. IDBI Bank Ltd jumped 5.25% in last one year as compared to a 16.47% rally in NIFTY and a 2.9% fall in the Nifty PSU Bank index.

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

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First Published: Sep 07 2018 | 1:35 PM IST

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