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IDFC First Bank Ltd gains for third straight session

Capital Market 

IDFC First Bank Ltd is quoting at Rs 47.4, up 7% on the day as on 12:49 IST on the NSE. The stock is up 23.28% in last one year as compared to a 10.86% jump in NIFTY and a 18.78% jump in the Nifty Bank index.

IDFC First Bank Ltd gained for a third straight session today. The stock is quoting at Rs 47.4, up 7% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.76% on the day, quoting at 12058.25. The Sensex is at 40811.64, down 0.77%. IDFC First Bank Ltd has gained around 11.53% in last one month.

Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has gained around 6.4% in last one month and is currently quoting at 32122.95, down 0.67% on the day. The volume in the stock stood at 656.01 lakh shares today, compared to the daily average of 159.37 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 47.3, up 7.01% on the day. IDFC First Bank Ltd is up 23.28% in last one year as compared to a 10.86% jump in NIFTY and a 18.78% jump in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 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: Fri, November 29 2019. 13:05 IST
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