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IDFC Bank Ltd spurts 2.11%, gains for third straight session

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Capital Market

The stock is quoting at Rs 48.45, up 2.11% on the day as on 12:49 IST on the NSE. IDFC Bank Ltd is down 12.78% in last one year as compared to a 18.52% spurt in NIFTY and a 16.31% spurt in the Nifty Bank index.

IDFC Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 48.45, up 2.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 11714.7. The Sensex is at 38846.49, down 0.13%. IDFC Bank Ltd has risen around 17.31% in last one month.

 

Meanwhile, Nifty Bank index of which IDFC Bank Ltd is a constituent, has risen around 1.55% in last one month and is currently quoting at 28269.65, up 0.01% on the day. The volume in the stock stood at 69.42 lakh shares today, compared to the daily average of 122.42 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 48.55, up 2.32% on the day. IDFC Bank Ltd is down 12.78% in last one year as compared to a 18.52% spurt in NIFTY and a 16.31% spurt in the Nifty Bank index.

The PE of the stock is 33.86 based on TTM earnings ending June 18.

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First Published: Aug 29 2018 | 1:05 PM IST

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