Hot Pursuit     27-Jan-23
Central Bank of India eases for fifth straight session
Central Bank of India is quoting at Rs 28.5, down 4.2% on the day as on 13:19 IST on the NSE. The stock jumped 24.36% in last one year as compared to a 2.66% rally in NIFTY and a 31.98% spurt in the Nifty Pharma index.

Central Bank of India fell for a fifth straight session today. The stock is quoting at Rs 28.5, down 4.2% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.88% on the day, quoting at 17556.4. The Sensex is at 59263.69, down 1.56%.Central Bank of India has lost around 9.38% in last one month.Meanwhile, Nifty Pharma index of which Central Bank of India is a constituent, has eased around 9.49% in last one month and is currently quoting at 4040.3, down 5.37% on the day. The volume in the stock stood at 51.99 lakh shares today, compared to the daily average of 133.84 lakh shares in last one month.

The PE of the stock is 16.17 based on TTM earnings ending December 22.

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