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IndusInd Bank Ltd slips for fifth straight session

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IndusInd Bank Ltd is quoting at Rs 437.8, down 1.41% on the day as on 13:24 IST on the NSE. The stock tumbled 74.23% in last one year as compared to a 23.8% slide in NIFTY and a 30.7% fall in the Nifty Bank index.

IndusInd Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 437.8, down 1.41% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 5.65% on the day, quoting at 8730.5. The Sensex is at 30062.29, up 6.27%.IndusInd Bank Ltd has lost around 62.59% in last one month.Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has eased around 32.68% in last one month and is currently quoting at 20083.5, up 2.08% on the day. The volume in the stock stood at 155.92 lakh shares today, compared to the daily average of 156.65 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 443.8, up 0.42% on the day. IndusInd Bank Ltd tumbled 74.23% in last one year as compared to a 23.8% slide in NIFTY and a 30.7% fall in the Nifty Bank index.

The PE of the stock is 6.88 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: Fri, March 20 2020. 13:35 IST
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