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RBL Bank Ltd soars 2.06%, Gains for third straight session

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Capital Market

RBL Bank Ltd is quoting at Rs 126.6, up 2.06% on the day as on 12:54 IST on the NSE. The stock is down 81.26% in last one year as compared to a 22% fall in NIFTY and a 34.02% fall in the Nifty Bank index.

RBL Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 126.6, up 2.06% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.93% on the day, quoting at 9166.65. The Sensex is at 31217.55, up 2.01%. RBL Bank Ltd has dropped around 24.17% in last one month.

 

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has dropped around 3.11% in last one month and is currently quoting at 19400, up 2.78% on the day. The volume in the stock stood at 210.49 lakh shares today, compared to the daily average of 227.36 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 127.45, up 2.04% on the day. RBL Bank Ltd is down 81.26% in last one year as compared to a 22% fall in NIFTY and a 34.02% fall in the Nifty Bank index.

The PE of the stock is 9.89 based on TTM earnings ending December 19.

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First Published: Apr 17 2020 | 1:05 PM IST

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