South Indian Bank Ltd is down for a fifth straight session today. The stock is quoting at 16.6, down 0.9% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.75% on the day, quoting at 11434.1. The Sensex is at 37886.72, down 0.71%.South Indian Bank Ltd has lost around 9.04% in last one month.Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has eased around 1.8% in last one month and is currently quoting at 15563.2, down 0.76% on the day. The volume in the stock stood at 109.21 lakh shares today, compared to the daily average of 121.3 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 16.65, down 1.19% on the day. South Indian Bank Ltd tumbled 42.56% in last one year as compared to a 15.31% rally in NIFTY and a 13.01% spurt in the Nifty Private Bank index. The PE of the stock is 11.8 based on TTM earnings ending June 18.
|