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Jammu and Kashmir Bank Ltd in demand

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Capital Market

Jammu and Kashmir Bank Ltd is quoting at Rs 19.6, up 4.26% on the day as on 12:54 IST on the NSE. The stock is down 46.74% in last one year as compared to a 6.32% slide in NIFTY and a 35.43% slide in the Nifty PSU Bank index.

Jammu and Kashmir Bank Ltd is up for a third straight session today. The stock is quoting at Rs 19.6, up 4.26% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.7% on the day, quoting at 11640.55. The Sensex is at 39421, up 0.79%. Jammu and Kashmir Bank Ltd has gained around 21.36% in last one month.

 

Meanwhile, Nifty PSU Bank index of which Jammu and Kashmir Bank Ltd is a constituent, has gained around 11.43% in last one month and is currently quoting at 1527.55, up 3.53% on the day. The volume in the stock stood at 69.08 lakh shares today, compared to the daily average of 19.44 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending March 20.

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First Published: Aug 28 2020 | 1:05 PM IST

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