IDFC First Bank Ltd gains for third straight session
(13:05, 15 Mar 2019)

IDFC First Bank Ltd gained for a third straight session today. The stock is quoting at Rs 52.1, up 2.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.77% on the day, quoting at 11430.1. The Sensex is at 38048.6, up 0.78%. IDFC First Bank Ltd has gained around 20.88% in last one month.

Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has gained around 10.07% in last one month and is currently quoting at 28923.1, up 1.43% on the day. The volume in the stock stood at 205.36 lakh shares today, compared to the daily average of 179.06 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 52.1, up 3.07% on the day. IDFC First Bank Ltd is up 3.78% in last one year as compared to a 12.11% jump in NIFTY and a 19.8% jump in the Nifty Bank index.

The PE of the stock is 26.41 based on TTM earnings ending December 18.

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