Indian Bank spurts 7.81%\, up for five straight sessions

Indian Bank spurts 7.81%, up for five straight sessions

Capital Market 

The stock is quoting at Rs 260.25, up 7.81% on the day as on 12:44 IST on the NSE. is down 17.33% in last one year as compared to a 0.93% fall in and a 23.73% fall in the PSU Bank.

rose for a fifth straight session today. The stock is quoting at Rs 260.25, up 7.81% on the day as on 12:44 IST on the NSE. The benchmark is down around 0.11% on the day, quoting at 10239.6. The Sensex is at 34015.64, down 0.15%. has added around 5.69% in last one month.

Meanwhile, index of which Indian Bank is a constituent, has added around 3.14% in last one month and is currently quoting at 2778.4, up 3.89% on the day. The volume in the stock stood at 31.33 lakh shares today, compared to the daily average of 17.24 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 260.8, up 7.68% on the day. Indian Bank is down 17.33% in last one year as compared to a 0.93% fall in NIFTY and a 23.73% fall in the index.

The PE of the stock is 10.58 based on earnings ending June 18.

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First Published: Tue, October 30 2018. 13:00 IST