South Indian Bank Ltd up for third consecutive session

South Indian Bank Ltd is quoting at Rs 13.4, up 1.13% on the day as on 12:49 IST on the NSE. The stock is down 50.19% in last one year as compared to a 2.78% jump in NIFTY and a 7.35% 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 13.4, up 1.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 10783. The Sensex is at 35840, down 0.16%. South Indian Bank Ltd has slipped around 3.94% in last one month.

 

Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has slipped around 0.84% in last one month and is currently quoting at 15430.25, down 0.66% on the day. The volume in the stock stood at 30.83 lakh shares today, compared to the daily average of 130.74 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 13.35, up 0.38% on the day. South Indian Bank Ltd is down 50.19% in last one year as compared to a 2.78% jump in NIFTY and a 7.35% jump in the Nifty Private Bank index.

The PE of the stock is 8.24 based on TTM earnings ending December 18.

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