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IDBI Bank Ltd is up for a third straight session

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Capital Market

The stock is quoting at Rs 63.95, up 2.73% on the day as on 12:59 IST on the NSE. IDBI Bank Ltd is up 4.84% in last one year as compared to a 12.3% gain in NIFTY and a 15.33% gain in the Nifty PSU Bank index.

IDBI Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 63.95, up 2.73% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 10511.65. The Sensex is at 34617.33, down 0.1%. IDBI Bank Ltd has dropped around 5.19% in last one month.

 

Meanwhile, Nifty PSU Bank index of which IDBI Bank Ltd is a constituent, has dropped around 5.23% in last one month and is currently quoting at 2816.1, up 4.25% on the day. The volume in the stock stood at 92.82 lakh shares today, compared to the daily average of 108.53 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 64.3, up 2.88% on the day. IDBI Bank Ltd is up 4.84% in last one year as compared to a 12.3% gain in NIFTY and a 15.33% gain in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 17.

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First Published: May 23 2018 | 1:05 PM IST

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