IndusInd Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1540.3, down 1.33% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 21649.2. The Sensex is at 71751.56, up 0.1%.IndusInd Bank Ltd has lost around 1.89% in last one month.Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has eased around 3.69% in last one month and is currently quoting at 45701.15, up 0.82% on the day. The volume in the stock stood at 23.28 lakh shares today, compared to the daily average of 28.04 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1540.8, down 1.52% on the day. IndusInd Bank Ltd jumped 27.86% in last one year as compared to a 19.49% rally in NIFTY and a 7.6% spurt in the Nifty Bank index.

The PE of the stock is 14.04 based on TTM earnings ending December 23.