The stock is quoting at Rs 330.5, up 1.68% on the day as on 12:49 IST on the NSE. Indian Bank is up 4.95% in last one year as compared to a 11.26% spurt in NIFTY and a 18.73% spurt in the Nifty PSU Bank index.
Indian Bank is up for a third straight session in a row. The stock is quoting at Rs 330.5, up 1.68% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 11148.7. The Sensex is at 36921.79, up 0.26%. Indian Bank has dropped around 5.48% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has dropped around 0.87% in last one month and is currently quoting at 2895.95, up 0.28% on the day. The volume in the stock stood at 6.14 lakh shares today, compared to the daily average of 11.3 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 331.6, up 1.91% on the day. Indian Bank is up 4.95% in last one year as compared to a 11.26% spurt in NIFTY and a 18.73% spurt in the Nifty PSU Bank index.
The PE of the stock is 12.37 based on TTM earnings ending March 18.
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