Indian Bank dropped for a fifth straight session today. The stock is quoting at 213.25, down 0.28% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.56% on the day, quoting at 10203.85. The Sensex is at 34055.93, up 0.62%.Indian Bank has eased around 9.75% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has eased around 5.41% in last one month and is currently quoting at 2628.85, up 0.82% on the day. The volume in the stock stood at 9.52 lakh shares today, compared to the daily average of 20.18 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 213.3, down 0.16% on the day. Indian Bank tumbled 34.83% in last one year as compared to a 0.89% slide in NIFTY and a 33.9% fall in the Nifty PSU Bank index.

The PE of the stock is 9.38 based on TTM earnings ending June 18.