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IDFC First Bank Ltd stays under pressure

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IDFC First Bank Ltd is quoting at Rs 19.25, down 1.79% on the day as on 13:24 IST on the NSE. The stock tumbled 55.65% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

IDFC First Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 19.25, down 1.79% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 8945.7. The Sensex is at 30372.19, up 0.58%.IDFC First Bank Ltd has lost around 18.78% in last one month.Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has eased around 9.81% in last one month and is currently quoting at 17486.25, up 0.11% on the day. The volume in the stock stood at 123.96 lakh shares today, compared to the daily average of 291.29 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 18.95, down 2.82% on the day. IDFC First Bank Ltd tumbled 55.65% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% 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: Wed, May 20 2020. 13:35 IST
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