The stock is quoting at Rs 253.3, up 2.86% on the day as on 12:49 IST on the NSE. Indian Bank is down 5.24% in last one year as compared to a 10.43% spurt in NIFTY and a 7.37% spurt in the Nifty PSU Bank index.
Indian Bank is up for a third straight session in a row. The stock is quoting at Rs 253.3, up 2.86% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 10948.6. The Sensex is at 36352.48, down 0.48%. Indian Bank has dropped around 19.49% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has dropped around 11.07% in last one month and is currently quoting at 2798.6, up 0.63% on the day. The volume in the stock stood at 13.7 lakh shares today, compared to the daily average of 23.1 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 254.2, up 2.67% on the day. Indian Bank is down 5.24% in last one year as compared to a 10.43% spurt in NIFTY and a 7.37% spurt in the Nifty PSU Bank index.
The PE of the stock is 10.79 based on TTM earnings ending June 18.
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