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Allahabad Bank down for fifth straight session
17-Apr-18   13:35 Hrs IST

Allahabad Bank is down for a fifth straight session today. The stock is quoting at 51.7, down 0.29% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 10524.7. The Sensex is at 34331.33, up 0.08%.Allahabad Bank has added around 4.66% in last one month.Meanwhile, Nifty PSU Bank index of which Allahabad Bank is a constituent, has increased around 1.68% in last one month and is currently quoting at 2918, down 0.53% on the day. The volume in the stock stood at 14.76 lakh shares today, compared to the daily average of 45.45 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 51.85, down 0.48% on the day. Allahabad Bank tumbled 28.89% in last one year as compared to a 15.59% rally in NIFTY and a 17.81% fall in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 17.

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