Indian Bank is quoting Rs 173.9, up 1.1 per cent on National Stock Exchange (NSE). Per a comparison last year, the stock is more than 4.37 per cent and a 13.09 per cent jump in the Nifty Pharma index.
The shares are quoting at Rs 173.9, up 1.1 per cent. The benchmark NIFTY is up around 0.23 per cent on the day, at 16315.4. The Sensex is at 54637.28, up 0.21 per cent. Around 22.94 has gained in June.
Meanwhile, the Nifty Pharma index, of which Indian Bank is a constituent, has gained around 16.95 per cent in the last month and is currently quoting at 2660.15, up 1.52 per cent on the day. The volume in the stock stood at 9.77 lakh shares today, compared to the daily average of 16.16 lakh shares in the last month.
The stock’s Private Equity (PE) is 5.44 based on TTM earnings ending March 22.