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Jammu and Kashmir Bank Ltd soars 3.18%, rises for third straight session

Capital Market 

Jammu and Kashmir Bank Ltd is quoting at Rs 60.1, up 3.18% on the day as on 12:49 IST on the NSE. The stock is up 15.47% in last one year as compared to a 12.28% gain in NIFTY and a 7.9% gain in the Nifty PSU Bank index.

Jammu and Kashmir Bank Ltd rose for a third straight session today. The stock is quoting at Rs 60.1, up 3.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 11711.2. The Sensex is at 38995.44, up 0.07%. Jammu and Kashmir Bank Ltd has added around 1.01% in last one month.

Meanwhile, Nifty PSU Bank index of which Jammu and Kashmir Bank Ltd is a constituent, has added around 0.11% in last one month and is currently quoting at 3141.4, down 0.53% on the day. The volume in the stock stood at 8.94 lakh shares today, compared to the daily average of 10.79 lakh shares in last one month.

The PE of the stock is 6.98 based on TTM earnings ending March 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: Wed, May 22 2019. 13:05 IST
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