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IDFC First Bank Ltd spurts 1.44%, gains for five straight sessions

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Capital Market

IDFC First Bank Ltd is quoting at Rs 56.3, up 1.44% on the day as on 12:49 IST on the NSE. The stock is up 17.41% in last one year as compared to a 14.68% gain in NIFTY and a 25.46% gain in the Nifty Bank.

IDFC First Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 56.3, up 1.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 11710.75. The Sensex is at 39001.39, up 0.85%. IDFC First Bank Ltd has added around 10.28% in last one month.

 

Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has added around 10.78% in last one month and is currently quoting at 30426.8, up 0.32% on the day. The volume in the stock stood at 124.9 lakh shares today, compared to the daily average of 234.77 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 56, up 1.63% on the day. IDFC First Bank Ltd is up 17.41% in last one year as compared to a 14.68% gain in NIFTY and a 25.46% gain in the Nifty Bank index.

The PE of the stock is 28.9 based on TTM earnings ending December 18.

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First Published: Apr 01 2019 | 1:00 PM IST

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