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IDFC First Bank Ltd rises for third straight session

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Capital Market

IDFC First Bank Ltd is quoting at Rs 43, up 2.99% on the day as on 12:54 IST on the NSE. The stock is up 6.83% in last one year as compared to a 11.51% jump in NIFTY and a 18.41% jump in the Nifty Bank index.

IDFC First Bank Ltd is up for a third straight session today. The stock is quoting at Rs 43, up 2.99% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.8% on the day, quoting at 11727. The Sensex is at 39040.78, up 2.93%. IDFC First Bank Ltd has slipped around 17.07% in last one month.

 

Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has slipped around 2.71% in last one month and is currently quoting at 29450.15, up 3.54% on the day. The volume in the stock stood at 173.98 lakh shares today, compared to the daily average of 170.25 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 43.1, up 3.36% on the day. IDFC First Bank Ltd is up 6.83% in last one year as compared to a 11.51% jump in NIFTY and a 18.41% jump in the Nifty Bank index.

The PE of the stock is 30.51 based on TTM earnings ending March 19.

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First Published: May 20 2019 | 1:05 PM IST

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