Allahabad Bank eases for fifth straight session

Capital Market 

The stock is quoting at Rs 44, down 3.72% on the day as on 13:29 IST on the NSE. Bank tumbled 49.97% in last one year as compared to a 14.13% rally in and a 23.88% fall in the PSU Bank index.

Bank dropped for a fifth straight session today. The stock is quoting at 44, down 3.72% on the day as on 13:29 IST on the NSE. The benchmark is down around 0.25% on the day, quoting at 10779.6. The Sensex is at 35468.92, down 0.19%.Bank has eased around 15.14% in last one month.Meanwhile, index of which is a constituent, has eased around 2.13% in last one month and is currently quoting at 2841.85, up 0.5% on the day. The volume in the stock stood at 64.47 lakh shares today, compared to the daily average of 30.2 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 44, down 3.72% on the day. tumbled 49.97% in last one year as compared to a 14.13% rally in NIFTY and a 23.88% fall in the index.

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

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First Published: Mon, May 14 2018. 13:35 IST