Indian Bank rose for a fifth straight session today

The stock is quoting at Rs 331.05, up 0.98% on the day as on 12:49 IST on the NSE. Indian Bank is up 10.9% in last one year as compared to a 19.93% gain in NIFTY and a 0.1% gain in the Nifty PSU Bank.

Indian Bank rose for a fifth straight session today. The stock is quoting at Rs 331.05, up 0.98% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 10516.9. The Sensex is at 34232.26, up 0.11%. Indian Bank has dropped around 13.04% in last one month.

 

Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has dropped around 6.65% in last one month and is currently quoting at 3438.95, up 0.12% on the day. The volume in the stock stood at 5.12 lakh shares today, compared to the daily average of 10.78 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 332.6, up 1.17% on the day. Indian Bank is up 10.9% in last one year as compared to a 19.93% gain in NIFTY and a 0.1% gain in the Nifty PSU Bank index.

The PE of the stock is 10.36 based on TTM earnings ending September 17.

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