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IDFC First Bank Ltd slips for fifth straight session

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Capital Market

IDFC First Bank Ltd is quoting at Rs 53.65, down 0.65% on the day as on 13:24 IST on the NSE. The stock jumped 9.16% in last one year as compared to a 11.73% rally in NIFTY and a 20.37% spurt in the Nifty Bank index.

IDFC First Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 53.65, down 0.65% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.82% on the day, quoting at 11786.5. The Sensex is at 39283.05, up 0.97%.IDFC First Bank Ltd has added around 2.68% in last one month.Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has increased around 3.04% in last one month and is currently quoting at 30104.25, up 1.3% on the day. The volume in the stock stood at 56.61 lakh shares today, compared to the daily average of 153.26 lakh shares in last one month.

 

The benchmark April futures contract for the stock is quoting at Rs 53.8, down 0.92% on the day. IDFC First Bank Ltd jumped 9.16% in last one year as compared to a 11.73% rally in NIFTY and a 20.37% spurt in the Nifty Bank index.

The PE of the stock is 28.25 based on TTM earnings ending December 18.

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First Published: Apr 16 2019 | 1:35 PM IST

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