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RBL Bank Ltd stays supported

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Capital Market

RBL Bank Ltd is quoting at Rs 597, up 0.42% on the day as on 12:44 IST on the NSE. The stock is up 25.79% in last one year as compared to a 4.16% jump in NIFTY and a 5.75% jump in the Nifty Bank.

RBL Bank Ltd is up for a fifth straight session today. The stock is quoting at Rs 597, up 0.42% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.21% on the day, quoting at 10934.8. The Sensex is at 36648.52, up 0.18%. RBL Bank Ltd has gained around 3.98% in last one month.

 

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has gained around 0.03% in last one month and is currently quoting at 27186.6, up 0.4% on the day. The volume in the stock stood at 17.86 lakh shares today, compared to the daily average of 10.58 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 597.35, up 0.18% on the day. RBL Bank Ltd is up 25.79% in last one year as compared to a 4.16% jump in NIFTY and a 5.75% jump in the Nifty Bank index.

The PE of the stock is 31.69 based on TTM earnings ending December 18.

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First Published: Feb 05 2019 | 1:00 PM IST

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