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RBL Bank Ltd sees good buying

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Capital Market

RBL Bank Ltd is quoting at Rs 166.3, up 2.18% on the day as on 12:54 IST on the NSE. The stock is down 15.13% in last one year as compared to a 48.19% jump in NIFTY and a 51.86% jump in the Nifty Bank index.

RBL Bank Ltd is up for a third straight session today. The stock is quoting at Rs 166.3, up 2.18% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.02% on the day, quoting at 16875.1. The Sensex is at 56667.56, up 0.97%. RBL Bank Ltd has slipped around 14.52% in last one month.

 

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has slipped around 3.93% in last one month and is currently quoting at 35627.8, up 1.25% on the day. The volume in the stock stood at 40.83 lakh shares today, compared to the daily average of 93.07 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 167.2, up 2.29% on the day. RBL Bank Ltd is down 15.13% in last one year as compared to a 48.19% jump in NIFTY and a 51.86% jump in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending June 21.

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First Published: Aug 30 2021 | 1:05 PM IST

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