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RBL Bank Ltd soars 1.78%, rises for third straight session

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Capital Market

RBL Bank Ltd is quoting at Rs 633.9, up 1.78% on the day as on 12:54 IST on the NSE. The stock is up 16.46% in last one year as compared to a 10.83% gain in NIFTY and a 17.49% gain in the Nifty Bank index.

RBL Bank Ltd rose for a third straight session today. The stock is quoting at Rs 633.9, up 1.78% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 11827.6. The Sensex is at 39541.97, up 0.27%. RBL Bank Ltd has dropped around 9.22% in last one month.

 

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has dropped around 1.91% in last one month and is currently quoting at 30847.05, up 0.64% on the day. The volume in the stock stood at 10.98 lakh shares today, compared to the daily average of 17.51 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 633.35, up 1.55% on the day. RBL Bank Ltd is up 16.46% in last one year as compared to a 10.83% gain in NIFTY and a 17.49% gain in the Nifty Bank index.

The PE of the stock is 30.72 based on TTM earnings ending March 19.

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First Published: Jun 26 2019 | 1:05 PM IST

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