Hot Pursuit     14-Jul-23
RBL Bank Ltd spurts 3.64%, up for fifth straight session
RBL Bank Ltd is quoting at Rs 205.05, up 3.64% on the day as on 12:44 IST on the NSE. The stock is up 150.37% in last one year as compared to a 21.45% jump in NIFTY and a 30.91% jump in the Nifty PSU Bank.

RBL Bank Ltd is up for a fifth straight session today. The stock is quoting at Rs 205.05, up 3.64% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 19492.1. The Sensex is at 65814.04, up 0.39%. RBL Bank Ltd has gained around 23.04% in last one month.

Meanwhile, Nifty PSU Bank index of which RBL Bank Ltd is a constituent, has gained around 2.94% in last one month and is currently quoting at 22792.65, up 0.29% on the day. The volume in the stock stood at 163.4 lakh shares today, compared to the daily average of 127.62 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 205.55, up 3.71% on the day. RBL Bank Ltd is up 150.37% in last one year as compared to a 21.45% jump in NIFTY and a 30.91% jump in the Nifty PSU Bank index.

The PE of the stock is 13.44 based on TTM earnings ending March 23.

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