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RBL Bank Ltd spikes around 3%

RBL Bank Ltd is quoting at Rs 409.1, up 3.07% on the day as on 12:54 IST on the NSE. The stock is down 30.81% in last one year as compared to a 3.6% fall in NIFTY and a 0.52% fall in the Nifty Bank index.

RBL Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 409.1, up 3.07% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.8% on the day, quoting at 11136.35. The Sensex is at 37678.97, up 0.88%. RBL Bank Ltd has dropped around 14.41% in last one month.

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has dropped around 2.95% in last one month and is currently quoting at 28217, up 0.73% on the day. The volume in the stock stood at 48.37 lakh shares today, compared to the daily average of 82.84 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 410.55, up 3.4% on the day. RBL Bank Ltd is down 30.81% in last one year as compared to a 3.6% fall in NIFTY and a 0.52% fall in the Nifty Bank index.

The PE of the stock is 18.09 based on TTM earnings ending June 19.

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