Indian Bank gained for a third straight session today. The stock is quoting at Rs 320.4, up 3.52% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 17695.9. The Sensex is at 59863.41, down 0.08%. Indian Bank has risen around 20.43% in last one month.

Meanwhile, Nifty Pharma index of which Indian Bank is a constituent, has risen around 9.41% in last one month and is currently quoting at 3923.9, up 0.89% on the day. The volume in the stock stood at 41.82 lakh shares today, compared to the daily average of 13.32 lakh shares in last one month.

The PE of the stock is 8 based on TTM earnings ending December 22.