Oriental Bank of Commerce gains for third consecutive session

Oriental Bank of Commerce is quoting at Rs 82.8, up 1.91% on the day as on 12:49 IST on the NSE. The stock is down 21.22% in last one year as compared to a 3.71% spurt in NIFTY and a 12.33% spurt in the Nifty PSU Bank index.

Oriental Bank of Commerce gained for a third straight session today. The stock is quoting at Rs 82.8, up 1.91% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 10767.8. The Sensex is at 35875.7, up 0.33%. Oriental Bank of Commerce has slipped around 11.63% in last one month.

 

Meanwhile, Nifty PSU Bank index of which Oriental Bank of Commerce is a constituent, has slipped around 8.22% in last one month and is currently quoting at 2742.65, up 0.85% on the day. The volume in the stock stood at 20.03 lakh shares today, compared to the daily average of 40.35 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 83.1, up 1.9% on the day. Oriental Bank of Commerce is down 21.22% in last one year as compared to a 3.71% spurt in NIFTY and a 12.33% spurt in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 18.

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