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RBL Bank Ltd extends losses

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RBL Bank Ltd is quoting at Rs 112.15, down 14.58% on the day as on 13:24 IST on the NSE. The stock tumbled 82.73% in last one year as compared to a 29.81% slide in NIFTY and a 41.36% fall in the Nifty Bank index.

RBL Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 112.15, down 14.58% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.37% on the day, quoting at 8140.7. The Sensex is at 27818.17, down 1.58%.RBL Bank Ltd has lost around 62.09% in last one month.Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has eased around 38.8% in last one month and is currently quoting at 18208.35, down 3.69% on the day. The volume in the stock stood at 314.73 lakh shares today, compared to the daily average of 203.81 lakh shares in last one month.

 

The benchmark April futures contract for the stock is quoting at Rs 112.3, down 14.57% on the day. RBL Bank Ltd tumbled 82.73% in last one year as compared to a 29.81% slide in NIFTY and a 41.36% fall in the Nifty Bank index.

The PE of the stock is 10.47 based on TTM earnings ending December 19.

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First Published: Apr 03 2020 | 1:35 PM IST

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