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South Indian Bank Ltd rises for third consecutive session

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The stock is quoting at Rs 14.5, up 3.57% on the day as on 12:49 IST on the NSE. South Indian Bank Ltd is down 52.54% in last one year as compared to a 0.9% drop in NIFTY and a 1.91% drop in the Nifty Private Bank index.

South Indian Bank Ltd gained for a third straight session today. The stock is quoting at Rs 14.5, up 3.57% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 10241.95. The Sensex is at 34060.62, down 0.02%. South Indian Bank Ltd has risen around 5.45% in last one month.

 

Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has risen around 1.07% in last one month and is currently quoting at 14123.5, down 0.35% on the day. The volume in the stock stood at 146.67 lakh shares today, compared to the daily average of 253 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 14.55, up 3.56% on the day. South Indian Bank Ltd is down 52.54% in last one year as compared to a 0.9% drop in NIFTY and a 1.91% drop in the Nifty Private Bank index.

The PE of the stock is 7.86 based on TTM earnings ending September 18.

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First Published: Oct 30 2018 | 1:05 PM IST

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