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South Indian Bank Ltd slips for fifth straight session

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The stock is quoting at Rs 23.95, down 0.42% on the day as on 13:29 IST on the NSE. South Indian Bank Ltd tumbled 15.96% in last one year as compared to a 10.19% rally in NIFTY and a 14.6% spurt in the Nifty Private Bank index.

South Indian Bank Ltd is down for a fifth straight session today. The stock is quoting at 23.95, down 0.42% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 10660.7. The Sensex is at 35141.4, down 0.24%.South Indian Bank Ltd has lost around 8.24% in last one month.Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has increased around 1.16% in last one month and is currently quoting at 15118.95, down 1% on the day. The volume in the stock stood at 40.17 lakh shares today, compared to the daily average of 134.49 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 24.05, down 0.41% on the day. South Indian Bank Ltd tumbled 15.96% in last one year as compared to a 10.19% rally in NIFTY and a 14.6% spurt in the Nifty Private Bank index.

The PE of the stock is 13 based on TTM earnings ending March 18.

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First Published: Jun 04 2018 | 1:35 PM IST

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