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RBL Bank Ltd gains for third straight session

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Capital Market

The stock is quoting at Rs 539.45, up 2.33% on the day as on 12:49 IST on the NSE. RBL Bank Ltd is up 3.37% in last one year as compared to a 3.31% jump in NIFTY and a 3.96% jump in the Nifty Bank index.

RBL Bank Ltd is up for a third straight session today. The stock is quoting at Rs 539.45, up 2.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 10573.6. The Sensex is at 35093.78, up 0.66%. RBL Bank Ltd has slipped around 9.59% in last one month.

 

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has slipped around 4.47% in last one month and is currently quoting at 25388.05, up 0.92% on the day. The volume in the stock stood at 8.57 lakh shares today, compared to the daily average of 16.08 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 538.05, up 2.62% on the day. RBL Bank Ltd is up 3.37% in last one year as compared to a 3.31% jump in NIFTY and a 3.96% jump in the Nifty Bank index.

The PE of the stock is 32.74 based on TTM earnings ending June 18.

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First Published: Oct 16 2018 | 1:05 PM IST

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