South Indian Bank Ltd spurts 2.52%, up for third straight session

South Indian Bank Ltd is quoting at Rs 16.25, up 2.52% on the day as on 12:54 IST on the NSE. The stock is down 30.7% in last one year as compared to a 12.69% gain in NIFTY and a 25.83% gain in the Nifty Private Bank index.

South Indian Bank Ltd rose for a third straight session today. The stock is quoting at Rs 16.25, up 2.52% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 11508.05. The Sensex is at 38338.47, up 0.54%. South Indian Bank Ltd has added around 19.05% in last one month.

 

Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has added around 11.56% in last one month and is currently quoting at 17108.55, up 0.67% on the day. The volume in the stock stood at 87.21 lakh shares today, compared to the daily average of 246.9 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 16.25, up 2.2% on the day. South Indian Bank Ltd is down 30.7% in last one year as compared to a 12.69% gain in NIFTY and a 25.83% gain in the Nifty Private Bank index.

The PE of the stock is 9.84 based on TTM earnings ending December 18.

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