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RBL Bank Ltd rallies around 5%

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Capital Market

RBL Bank Ltd is quoting at Rs 195.05, up 4.98% on the day as on 12:54 IST on the NSE. The stock is down 36.76% in last one year as compared to a 1.85% spurt in NIFTY and a 12.95% spurt in the Nifty Bank.

RBL Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 195.05, up 4.98% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.94% on the day, quoting at 12233.75. The Sensex is at 41762.42, up 1.02%. RBL Bank Ltd has risen around 10.14% in last one month.

 

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has risen around 16.12% in last one month and is currently quoting at 26313.1, up 1.34% on the day. The volume in the stock stood at 271.55 lakh shares today, compared to the daily average of 161.52 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 196.45, up 5.36% on the day. RBL Bank Ltd is down 36.76% in last one year as compared to a 1.85% spurt in NIFTY and a 12.95% spurt in the Nifty Bank index.

The PE of the stock is 20.15 based on TTM earnings ending September 20.

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First Published: Nov 06 2020 | 1:00 PM IST

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