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IndusInd Bank Ltd eases for fifth straight session

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Capital Market

IndusInd Bank Ltd is quoting at Rs 1497.6, down 0.27% on the day as on 13:19 IST on the NSE. The stock tumbled 12.79% in last one year as compared to a 1.44% slide in NIFTY and a 0.34% spurt in the Nifty Bank index.

IndusInd Bank Ltd dropped for a fifth straight session today. The stock is quoting at 1497.6, down 0.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 10926.35. The Sensex is at 36421.86, down 0.06%.IndusInd Bank Ltd has eased around 4.14% in last one month.Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has increased around 2.91% in last one month and is currently quoting at 27482.25, up 0.04% on the day. The volume in the stock stood at 8.57 lakh shares today, compared to the daily average of 23.33 lakh shares in last one month.

 

The benchmark January futures contract for the stock is quoting at Rs 1502.15, down 0.01% on the day. IndusInd Bank Ltd tumbled 12.79% in last one year as compared to a 1.44% slide in NIFTY and a 0.34% spurt in the Nifty Bank index.

The PE of the stock is 23.23 based on TTM earnings ending December 18.

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First Published: Jan 23 2019 | 1:35 PM IST

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