Hot Pursuit     23-Aug-23
RBL Bank Ltd gains for third straight session
RBL Bank Ltd is quoting at Rs 227.3, up 2.66% on the day as on 12:49 IST on the NSE. The stock is up 86.69% in last one year as compared to a 10.51% gain in NIFTY and a 14.36% gain in the Nifty PSU Bank index.

RBL Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 227.3, up 2.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 19454.6. The Sensex is at 65409.88, up 0.29%. RBL Bank Ltd has added around 2.39% in last one month.

Meanwhile, Nifty PSU Bank index of which RBL Bank Ltd is a constituent, has added around 2.03% in last one month and is currently quoting at 22793.5, up 1% on the day. The volume in the stock stood at 57.03 lakh shares today, compared to the daily average of 176.96 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 227.3, up 2.32% on the day. RBL Bank Ltd is up 86.69% in last one year as compared to a 10.51% gain in NIFTY and a 14.36% gain in the Nifty PSU Bank index.

The PE of the stock is 13.69 based on TTM earnings ending June 23.

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