Allahabad Bank rose for a third straight session today

Capital Market 

The stock is quoting at Rs 54.4, up 1.68% on the day as on 12:54 IST on the NSE. Bank is down 26.39% in last one year as compared to a 13.04% gain in and a 13.22% gain in the PSU Bank index.

Bank rose for a third straight session today. The stock is quoting at Rs 54.4, up 1.68% on the day as on 12:54 IST on the NSE. The benchmark is up around 0.45% on the day, quoting at 10378.6. The Sensex is at 33775.59, up 0.44%. Bank has added around 19.82% in last one month.

Meanwhile, PSU Bank index of which Bank is a constituent, has added around 6.94% in last one month and is currently quoting at 3019.35, up 0.75% on the day. The volume in the stock stood at 57.6 lakh shares today, compared to the daily average of 53.1 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 54.05, up 0.65% on the day. Bank is down 26.39% in last one year as compared to a 13.04% gain in and a 13.22% gain in the PSU Bank index.

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

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First Published: Mon, April 09 2018. 13:05 IST