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Indian Bank up for five straight sessions

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Capital Market

Indian Bank is quoting at Rs 189.75, up 1.09% on the day as on 12:49 IST on the NSE. The stock is up 217.31% in last one year as compared to a 52.53% gain in NIFTY and a 122.83% gain in the Nifty PSU Bank.

Indian Bank rose for a fifth straight session today. The stock is quoting at Rs 189.75, up 1.09% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 18134.7. The Sensex is at 60913.91, down 0.09%. Indian Bank has added around 51.8% in last one month.

 

Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has added around 21.52% in last one month and is currently quoting at 2854.3, up 0.86% on the day. The volume in the stock stood at 84.29 lakh shares today, compared to the daily average of 84.19 lakh shares in last one month.

The PE of the stock is 6.13 based on TTM earnings ending June 21.

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First Published: Oct 26 2021 | 1:00 PM IST

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