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IndusInd Bank Ltd drops for fifth straight session

Capital Market 

The stock is quoting at Rs 1914.45, down 1.07% on the day as on 13:19 IST on the NSE. Ltd jumped 21.4% in last one year as compared to a 11.53% rally in and a 13.11% spurt in the Bank index.

Ltd fell for a fifth straight session today. The stock is quoting at 1914.45, down 1.07% on the day as on 13:19 IST on the NSE. The benchmark is up around 0% on the day, quoting at 10947.5. The Sensex is at 36279.4, up 0.11%.Ltd has eased around 2.06% in last one month.Meanwhile, index of which is a constituent, has increased around 0.73% in last one month and is currently quoting at 26894.55, down 0.34% on the day. The volume in the stock stood at 11.83 lakh shares today, compared to the daily average of 10.69 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 1911.15, down 1.19% on the day. jumped 21.4% in last one year as compared to a 11.53% rally in NIFTY and a 13.11% spurt in the index.

The PE of the stock is 30.52 based on earnings ending June 18.

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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, July 11 2018. 13:35 IST
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