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IndusInd Bank Ltd down for fifth straight session

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IndusInd Bank Ltd is quoting at Rs 1328.8, down 1.73% on the day as on 13:19 IST on the NSE. The stock tumbled 11.86% in last one year as compared to a 11.8% rally in NIFTY and a 13.39% spurt in the Nifty Bank index.

IndusInd Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 1328.8, down 1.73% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 12254.85. The Sensex is at 41602.36, down 0.82%.IndusInd Bank Ltd has lost around 11.19% in last one month.Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has eased around 3.46% in last one month and is currently quoting at 31590.65, down 1.18% on the day. The volume in the stock stood at 38.23 lakh shares today, compared to the daily average of 48.38 lakh shares in last one month.

 

The benchmark January futures contract for the stock is quoting at Rs 1336, down 1.56% on the day. IndusInd Bank Ltd tumbled 11.86% in last one year as compared to a 11.8% rally in NIFTY and a 13.39% spurt in the Nifty Bank index.

The PE of the stock is 20.94 based on TTM earnings ending December 19.

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First Published: Jan 20 2020 | 1:35 PM IST

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