Indian Bank is quoting at Rs 85.05, down 2.69% on the day as on 13:19 IST on the NSE. The stock jumped 19.17% in last one year as compared to a 11.4% rally in NIFTY and a 31.75% spurt in the Nifty PSU Bank index.
Indian Bank is down for a fifth straight session today. The stock is quoting at Rs 85.05, down 2.69% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.72% on the day, quoting at 13661.25. The Sensex is at 46664.14, down 0.63%.Indian Bank has added around 31.15% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has increased around 18.01% in last one month and is currently quoting at 1765.55, down 1.95% on the day. The volume in the stock stood at 12.2 lakh shares today, compared to the daily average of 68.21 lakh shares in last one month.
The PE of the stock is 12.17 based on TTM earnings ending September 20.
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