Allahabad Bank rose for a fifth straight session today

The stock is quoting at Rs 59.1, up 1.98% on the day as on 12:49 IST on the NSE. Allahabad Bank is down 20.14% in last one year as compared to a 20.72% gain in NIFTY and a 2.56% gain in the Nifty PSU Bank.

Allahabad Bank rose for a fifth straight session today. The stock is quoting at Rs 59.1, up 1.98% on the day as on 12:49 IST on the NSE.

The benchmark NIFTY is up around 1.15% on the day, quoting at 10597.55. The Sensex is at 34529.35, up 1.31%. Allahabad Bank has dropped around 19.65% in last one month.

Meanwhile, Nifty PSU Bank index of which Allahabad Bank is a constituent, has dropped around 5.09% in last one month and is currently quoting at 3432.75, up 1.71% on the day. The volume in the stock stood at 10.96 lakh shares today, compared to the daily average of 29 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 59.4, up 2.06% on the day. Allahabad Bank is down 20.14% in last one year as compared to a 20.72% gain in NIFTY and a 2.56% gain in the Nifty PSU Bank index.

The PE of the stock is 16.2 based on TTM earnings ending September 17.

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