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South Indian Bank Ltd up for third consecutive session

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Capital Market

The stock is quoting at Rs 14.3, up 1.06% on the day as on 12:49 IST on the NSE. South Indian Bank Ltd is down 51.85% in last one year as compared to a 7.55% jump in NIFTY and a 1.67% jump in the Nifty Private Bank index.

South Indian Bank Ltd is up for a third straight session today. The stock is quoting at Rs 14.3, up 1.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 2.05% on the day, quoting at 10635.65. The Sensex is at 35261.7, down 1.98%. South Indian Bank Ltd has slipped around 15.13% in last one month.

 

Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has slipped around 10.99% in last one month and is currently quoting at 14015.95, down 1.37% on the day. The volume in the stock stood at 70 lakh shares today, compared to the daily average of 125.6 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 14.25, flat on the day. South Indian Bank Ltd is down 51.85% in last one year as compared to a 7.55% jump in NIFTY and a 1.67% jump in the Nifty Private Bank index.

The PE of the stock is 9.97 based on TTM earnings ending June 18.

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First Published: Oct 04 2018 | 1:05 PM IST

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