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IDFC First Bank Ltd soars 7.3%, Gains for third straight session

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IDFC First Bank Ltd is quoting at Rs 22.05, up 7.3% on the day as on 12:54 IST on the NSE. The stock is down 59.58% in last one year as compared to a 21.67% fall in NIFTY and a 34.13% fall in the Nifty Bank index.

IDFC First Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 22.05, up 7.3% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 3.72% on the day, quoting at 9073.9. The Sensex is at 30954.85, up 3.55%. IDFC First Bank Ltd has dropped around 33.78% in last one month.

Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has dropped around 25.89% in last one month and is currently quoting at 18946.45, up 3.61% on the day. The volume in the stock stood at 232.08 lakh shares today, compared to the daily average of 411.16 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 22, up 7.58% on the day. IDFC First Bank Ltd is down 59.58% in last one year as compared to a 21.67% fall in NIFTY and a 34.13% fall in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending December 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: Thu, April 09 2020. 13:05 IST
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