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Hot Pursuit News

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(11 Jul 2024, 13:06)

Indian Bank rises for third consecutive session

Indian Bank is quoting at Rs 550.35, up 1.35% on the day as on 12:49 IST on the NSE. The stock is up 69.7% in last one year as compared to a 25.37% spurt in NIFTY and a 62.12% spurt in the Nifty PSU Bank index.

Indian Bank gained for a third straight session today. The stock is quoting at Rs 550.35, up 1.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 24301.85. The Sensex is at 79784.38, down 0.18%. Indian Bank has risen around 2.24% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has risen around 2.63% in last one month and is currently quoting at 7228.65, up 0.07% on the day. The volume in the stock stood at 6 lakh shares today, compared to the daily average of 13.1 lakh shares in last one month.

The PE of the stock is 9.06 based on TTM earnings ending March 24.


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