South Indian Bank Ltd gained for a third straight session today. The stock is quoting at Rs 16.3, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 10798.45. The Sensex is at 35966.65, up 0.52%. South Indian Bank Ltd has risen around 9.76% in last one month.

Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has risen around 3.18% in last one month and is currently quoting at 15041.8, up 0.97% on the day. The volume in the stock stood at 79.02 lakh shares today, compared to the daily average of 148.55 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 16.4, up 1.23% on the day. South Indian Bank Ltd is down 47.42% in last one year as compared to a 5.33% spurt in NIFTY and a 9.43% spurt in the Nifty Private Bank index.

The PE of the stock is 9.04 based on TTM earnings ending September 18.