Hot Pursuit     12-Jul-23
RBL Bank Ltd gains for third consecutive session
RBL Bank Ltd is quoting at Rs 197.7, up 1.96% on the day as on 12:49 IST on the NSE. The stock is up 134.8% in last one year as compared to a 21.7% jump in NIFTY and a 30.82% jump in the Nifty PSU Bank index.

RBL Bank Ltd is up for a third straight session today. The stock is quoting at Rs 197.7, up 1.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 19431.1. The Sensex is at 65590.58, down 0.04%. RBL Bank Ltd has gained around 10.66% in last one month.

Meanwhile, Nifty PSU Bank index of which RBL Bank Ltd is a constituent, has gained around 1.45% in last one month and is currently quoting at 22854.1, up 0.14% on the day. The volume in the stock stood at 141.66 lakh shares today, compared to the daily average of 109.78 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 198.5, up 1.85% on the day. RBL Bank Ltd is up 134.8% in last one year as compared to a 21.7% jump in NIFTY and a 30.82% jump in the Nifty PSU Bank index.

The PE of the stock is 13.18 based on TTM earnings ending March 23.

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