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IDFC First Bank Ltd eases for fifth straight session

Capital Market 

IDFC First Bank Ltd is quoting at Rs 40.65, down 0.73% on the day as on 13:24 IST on the NSE. The stock tumbled 3.67% in last one year as compared to a 8.72% rally in NIFTY and a 14.91% spurt in the Nifty Bank index.

IDFC First Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 40.65, down 0.73% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.17% on the day, quoting at 11711.6. The Sensex is at 39142.98, up 0.25%.IDFC First Bank Ltd has eased around 5.57% in last one month.Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has eased around 0.79% in last one month and is currently quoting at 30351, up 0.55% on the day. The volume in the stock stood at 70.18 lakh shares today, compared to the daily average of 155.49 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 40.55, down 0.98% on the day. IDFC First Bank Ltd tumbled 3.67% in last one year as compared to a 8.72% rally in NIFTY and a 14.91% spurt in the Nifty Bank index.

The PE of the stock is 29.89 based on TTM earnings ending March 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 19 2019. 13:35 IST
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