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IndusInd Bank Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 1914.45, down 1.07% on the day as on 13:19 IST on the NSE. IndusInd Bank Ltd jumped 21.4% in last one year as compared to a 11.53% rally in NIFTY and a 13.11% spurt in the Nifty Bank index.

IndusInd Bank Ltd fell for a fifth straight session today. The stock is quoting at 1914.45, down 1.07% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0% on the day, quoting at 10947.5. The Sensex is at 36279.4, up 0.11%.IndusInd Bank Ltd has eased around 2.06% in last one month.Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has increased around 0.73% in last one month and is currently quoting at 26894.55, down 0.34% on the day. The volume in the stock stood at 11.83 lakh shares today, compared to the daily average of 10.69 lakh shares in last one month.

 

The benchmark July futures contract for the stock is quoting at Rs 1911.15, down 1.19% on the day. IndusInd Bank Ltd jumped 21.4% in last one year as compared to a 11.53% rally in NIFTY and a 13.11% spurt in the Nifty Bank index.

The PE of the stock is 30.52 based on TTM earnings ending June 18.

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First Published: Jul 11 2018 | 1:35 PM IST

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