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RBL Bank Ltd eases for fifth straight session

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RBL Bank Ltd is quoting at Rs 294.35, down 4% on the day as on 13:24 IST on the NSE. The stock tumbled 46.15% in last one year as compared to a 12.37% rally in NIFTY and a 13.48% spurt in the Nifty Bank index.

RBL Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 294.35, down 4% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.08% on the day, quoting at 11916.3. The Sensex is at 40628.15, down 1.04%.RBL Bank Ltd has eased around 10.3% in last one month.Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has eased around 2.57% in last one month and is currently quoting at 30680.7, down 1.3% on the day. The volume in the stock stood at 59.15 lakh shares today, compared to the daily average of 89.43 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 295.6, down 3.95% on the day. RBL Bank Ltd tumbled 46.15% in last one year as compared to a 12.37% rally in NIFTY and a 13.48% spurt in the Nifty Bank index.

The PE of the stock is 24.4 based on TTM earnings ending December 19.

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First Published: Feb 18 2020 | 1:35 PM IST

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