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RBL Bank Ltd soars 3.51%

Capital Market 

RBL Bank Ltd is quoting at Rs 373.05, up 3.51% on the day as on 12:54 IST on the NSE. The stock is down 37.66% in last one year as compared to a 2.96% fall in NIFTY and a 3.41% fall in the Nifty Bank index.

RBL Bank Ltd rose for a third straight session today. The stock is quoting at Rs 373.05, up 3.51% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033. The Sensex is at 37290.05, up 0.39%. RBL Bank Ltd has added around 0.51% in last one month.

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has added around 0.02% in last one month and is currently quoting at 27504.65, up 0.84% on the day. The volume in the stock stood at 89.63 lakh shares today, compared to the daily average of 115.92 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 371.1, up 3.1% on the day. RBL Bank Ltd is down 37.66% in last one year as compared to a 2.96% fall in NIFTY and a 3.41% fall in the Nifty Bank index.

The PE of the stock is 16.43 based on TTM earnings ending June 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, September 11 2019. 13:05 IST
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