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RBL Bank Ltd soars 4.33%, rises for fifth straight session

RBL Bank Ltd is quoting at Rs 321.8, up 4.33% on the day as on 12:44 IST on the NSE. The stock is down 41.67% in last one year as compared to a 13.39% spurt in NIFTY and a 20.26% spurt in the Nifty Bank.

RBL Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 321.8, up 4.33% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.08% on the day, quoting at 12002.95. The Sensex is at 40641.03, down 0.03%. RBL Bank Ltd has risen around 3.94% in last one month.

Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has risen around 7.67% in last one month and is currently quoting at 30633.15, up 1.17% on the day. The volume in the stock stood at 93.35 lakh shares today, compared to the daily average of 206.78 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 328.65, up 6.43% on the day. RBL Bank Ltd is down 41.67% in last one year as compared to a 13.39% spurt in NIFTY and a 20.26% spurt in the Nifty Bank index.

The PE of the stock is 16.74 based on TTM earnings ending September 19.

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