Hot Pursuit     30-Jun-23
RBL Bank Ltd spurts 3.04%, up for third straight session
RBL Bank Ltd is quoting at Rs 181.35, up 3.04% on the day as on 12:49 IST on the NSE. The stock is up 110.38% in last one year as compared to a 21.45% jump in NIFTY and a 35.73% jump in the Nifty PSU Bank index.

RBL Bank Ltd is up for a third straight session today. The stock is quoting at Rs 181.35, up 3.04% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.83% on the day, quoting at 19130.1. The Sensex is at 64463.11, up 0.86%. RBL Bank Ltd has gained around 11.88% in last one month.

Meanwhile, Nifty PSU Bank index of which RBL Bank Ltd is a constituent, has gained around 1.68% in last one month and is currently quoting at 22658.7, up 0.84% on the day. The volume in the stock stood at 106.62 lakh shares today, compared to the daily average of 88.74 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 182.6, up 3.19% on the day. RBL Bank Ltd is up 110.38% in last one year as compared to a 21.45% jump in NIFTY and a 35.73% jump in the Nifty PSU Bank index.

The PE of the stock is 11.95 based on TTM earnings ending March 23.

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