SSPL WEALTH PVT LTD

Monday 25 Nov, 2024 04:10 PM

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Saravan Stocks

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Indian Bank spurts 6.58%, up for third straight session

25-Nov-24 13:05 Hrs IST

Indian Bank rose for a third straight session today. The stock is quoting at Rs 566.6, up 6.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 24282.7. The Sensex is at 80152.78, up 1.31%. Indian Bank has added around 2.75% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has added around 4.06% in last one month and is currently quoting at 6508.15, up 4.27% on the day. The volume in the stock stood at 58.83 lakh shares today, compared to the daily average of 20 lakh shares in last one month.

The PE of the stock is 7.56 based on TTM earnings ending September 24.

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