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Oriental Bank of Commerce extends losses

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Capital Market

Oriental Bank of Commerce is quoting at Rs 65.9, down 0.53% on the day as on 13:24 IST on the NSE. The stock tumbled 34.14% in last one year as compared to a 3.89% slide in NIFTY and a 17.35% fall in the Nifty PSU Bank index.

Oriental Bank of Commerce is down for a fifth straight session today. The stock is quoting at Rs 65.9, down 0.53% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 10919.05. The Sensex is at 36866.73, down 0.41%.Oriental Bank of Commerce has lost around 29.56% in last one month.Meanwhile, Nifty PSU Bank index of which Oriental Bank of Commerce is a constituent, has eased around 17.78% in last one month and is currently quoting at 2683.95, down 0.26% on the day. The volume in the stock stood at 6.73 lakh shares today, compared to the daily average of 17.76 lakh shares in last one month.

 

The PE of the stock is 16.19 based on TTM earnings ending June 19.

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First Published: Aug 02 2019 | 1:36 PM IST

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