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Syndicate Bank drops for fifth straight session

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The stock is quoting at Rs 54, down 7.14% on the day as on 13:24 IST on the NSE. Syndicate Bank tumbled 22.19% in last one year as compared to a 9.9% rally in NIFTY and a 19.16% fall in the Nifty PSU Bank index.

Syndicate Bank fell for a fifth straight session today. The stock is quoting at 54, down 7.14% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.04% on the day, quoting at 10009.3. The Sensex is at 32676.6, down 1%.Syndicate Bank has eased around 10.82% in last one month.Meanwhile, Nifty PSU Bank index of which Syndicate Bank is a constituent, has eased around 14.26% in last one month and is currently quoting at 2804.85, down 3.17% on the day. The volume in the stock stood at 55.73 lakh shares today, compared to the daily average of 64.65 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 54.15, down 7.04% on the day. Syndicate Bank tumbled 22.19% in last one year as compared to a 9.9% rally in NIFTY and a 19.16% fall in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 17.

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First Published: Mar 23 2018 | 1:35 PM IST

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