RBL Bank jumps 5% to hit new 52-week high; surges 22% in past one week

The stock has recovered 150 per cent from its record low level of Rs 74.15, touched on June 20, 2022

Shares of RBL Bank rose 5 per cent to hit a fresh 52-week high of Rs 185.25 on the BSE in Friday’s intra-day trade on the back of heavy volumes.

In the past one week, the stock of the private sector lender has jumped 22 per cent as compared to a 2 per cent rise in the S&P BSE Sensex.

In the past three months, the stock has rallied 60 per cent as compared to a 6 per cent gain in the Sensex.

Further, during the last six months, it has more-than-doubled or zoomed 117 per cent