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RBL Bank Ltd down for fifth straight session Back
(13:35, 11 Feb 2019)

RBL Bank Ltd is down for a fifth straight session today. The stock is quoting at 564.8, down 1.41% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.52% on the day, quoting at 10886.75. The Sensex is at 36380.64, down 0.45%.RBL Bank Ltd has lost around 1.98% in last one month.Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has eased around 0.16% in last one month and is currently quoting at 27294.4, down 0.33% on the day. The volume in the stock stood at 6.85 lakh shares today, compared to the daily average of 12.25 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 567.1, down 1.46% on the day. RBL Bank Ltd jumped 16.5% in last one year as compared to a 3.29% rally in NIFTY and a 5.84% spurt in the Nifty Bank index.

The PE of the stock is 30.56 based on TTM earnings ending December 18.

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