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IndusInd Bank Ltd gains for third straight session

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Capital Market

The stock is quoting at Rs 1536.45, up 4.95% on the day as on 12:49 IST on the NSE. IndusInd Bank Ltd is down 8.24% in last one year as compared to a 1.08% jump in NIFTY and a 0.36% jump in the Nifty Bank index.

IndusInd Bank Ltd gained for a third straight session today. The stock is quoting at Rs 1536.45, up 4.95% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.78% on the day, quoting at 10565.4. The Sensex is at 35031.01, up 1.74%. IndusInd Bank Ltd has slipped around 6.24% in last one month.

 

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has slipped around 2.69% in last one month and is currently quoting at 25323.65, up 1.66% on the day. The volume in the stock stood at 30.44 lakh shares today, compared to the daily average of 41.84 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 1542, up 4.98% on the day. IndusInd Bank Ltd is down 8.24% in last one year as compared to a 1.08% jump in NIFTY and a 0.36% jump in the Nifty Bank index.

The PE of the stock is 22.92 based on TTM earnings ending September 18.

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First Published: Nov 02 2018 | 1:05 PM IST

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