Hot Pursuit     02-Sep-22
RBL Bank Ltd down for fifth straight session
RBL Bank Ltd is quoting at Rs 121.85, down 0.25% on the day as on 13:19 IST on the NSE. The stock tumbled 29.24% in last one year as compared to a 1.55% rally in NIFTY and a 6.48% spurt in the Nifty PSU Bank index.

RBL Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 121.85, down 0.25% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.28% on the day, quoting at 17591.95. The Sensex is at 58977.43, up 0.36%.RBL Bank Ltd has added around 26.33% in last one month.Meanwhile, Nifty PSU Bank index of which RBL Bank Ltd is a constituent, has increased around 4.95% in last one month and is currently quoting at 20186.85, up 0.35% on the day. The volume in the stock stood at 110.85 lakh shares today, compared to the daily average of 331.86 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 122, down 0.65% on the day. RBL Bank Ltd tumbled 29.24% in last one year as compared to a 1.55% rally in NIFTY and a 6.48% spurt in the Nifty PSU Bank index.

The PE of the stock is 12.51 based on TTM earnings ending June 22.

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