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IDFC Bank Ltd eases for fifth straight session

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Capital Market

The stock is quoting at Rs 39.3, down 2.96% on the day as on 13:19 IST on the NSE. IDFC Bank Ltd tumbled 30.57% in last one year as compared to a 11.26% rally in NIFTY and a 3.76% spurt in the Nifty Bank index.

IDFC Bank Ltd fell for a fifth straight session today. The stock is quoting at 39.3, down 2.96% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.42% on the day, quoting at 10984.4. The Sensex is at 36357.13, down 1.32%.IDFC Bank Ltd has eased around 16.74% in last one month.Meanwhile, Nifty Bank index of which IDFC Bank Ltd is a constituent, has eased around 11.28% in last one month and is currently quoting at 25596.9, down 2.04% on the day. The volume in the stock stood at 99.86 lakh shares today, compared to the daily average of 99.52 lakh shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 39.3, down 2.84% on the day. IDFC Bank Ltd tumbled 30.57% in last one year as compared to a 11.26% rally in NIFTY and a 3.76% spurt in the Nifty Bank index.

The PE of the stock is 28.93 based on TTM earnings ending June 18.

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First Published: Sep 24 2018 | 1:35 PM IST

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