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IDFC First Bank Ltd stays slippery

Capital Market 

IDFC First Bank Ltd is quoting at Rs 47.6, down 2.06% on the day as on 13:24 IST on the NSE. The stock jumped 29.17% in last one year as compared to a 34.96% rally in NIFTY and a 27.63% spurt in the Nifty Bank index.

IDFC First Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 47.6, down 2.06% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.8% on the day, quoting at 17444.9. The Sensex is at 58554.16, down 1.81%.IDFC First Bank Ltd has lost around 3.55% in last one month.Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has eased around 10.07% in last one month and is currently quoting at 37976.25, down 2.46% on the day. The volume in the stock stood at 173.24 lakh shares today, compared to the daily average of 329.19 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 47.65, down 2.16% on the day. IDFC First Bank Ltd jumped 29.17% in last one year as compared to a 34.96% rally in NIFTY and a 27.63% spurt in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 21.

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

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First Published: Mon, November 22 2021. 13:35 IST
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