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RBL Bank Ltd drops for fifth straight session

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Capital Market

RBL Bank Ltd is quoting at Rs 653.7, down 1.41% on the day as on 13:24 IST on the NSE. The stock jumped 31.66% in last one year as compared to a 12.72% rally in NIFTY and a 21.8% spurt in the Nifty Bank index.

RBL Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 653.7, down 1.41% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11638.4. The Sensex is at 38873.18, down 0.01%.RBL Bank Ltd has gained around 7.26% in last one month.Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has increased around 9.45% in last one month and is currently quoting at 30093.3, up 0.21% on the day. The volume in the stock stood at 10.61 lakh shares today, compared to the daily average of 35.19 lakh shares in last one month.

 

The benchmark April futures contract for the stock is quoting at Rs 655.35, down 1.15% on the day. RBL Bank Ltd jumped 31.66% in last one year as compared to a 12.72% rally in NIFTY and a 21.8% spurt in the Nifty Bank index.

The PE of the stock is 35.48 based on TTM earnings ending December 18.

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First Published: Apr 04 2019 | 1:35 PM IST

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