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Allahabad Bank is up for a third straight session today
12-Feb-18   13:05 Hrs IST

Allahabad Bank is up for a third straight session today. The stock is quoting at Rs 60.85, up 2.27% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 10520. The Sensex is at 34243.09, up 0.7%. Allahabad Bank has slipped around 15.54% in last one month.

Meanwhile, Nifty PSU Bank index of which Allahabad Bank is a constituent, has slipped around 4.59% in last one month and is currently quoting at 3480.65, down 0.06% on the day. The volume in the stock stood at 13.35 lakh shares today, compared to the daily average of 30.91 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 61, up 1.92% on the day. Allahabad Bank is down 16.53% in last one year as compared to a 19.48% jump in NIFTY and a 5.02% jump in the Nifty PSU Bank index.

The PE of the stock is 16.68 based on TTM earnings ending September 17.

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