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RBL Bank Ltd down for fifth straight session

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RBL Bank Ltd is quoting at Rs 617.95, down 1.27% on the day as on 13:24 IST on the NSE. The stock jumped 12.03% in last one year as compared to a 8.4% rally in NIFTY and a 14.81% spurt in the Nifty Bank index.

RBL Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 617.95, down 1.27% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.98% on the day, quoting at 11707.15. The Sensex is at 39071.74, down 0.96%.RBL Bank Ltd has lost around 9.16% in last one month.Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has eased around 1.43% in last one month and is currently quoting at 30614.35, down 0.96% on the day. The volume in the stock stood at 17.87 lakh shares today, compared to the daily average of 16.97 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 621, down 0.77% on the day. RBL Bank Ltd jumped 12.03% in last one year as compared to a 8.4% rally in NIFTY and a 14.81% spurt in the Nifty Bank index.

The PE of the stock is 30.9 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: Mon, June 17 2019. 13:35 IST
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