IDFC First Bank Ltd drops for fifth straight session

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Capital Market
Last Updated : Jan 27 2023 | 3:04 PM IST

IDFC First Bank Ltd is quoting at Rs 54.85, down 3.6% on the day as on 13:19 IST on the NSE. The stock jumped 17.7% in last one year as compared to a 2.66% rally in NIFTY and a 6.99% spurt in the index.

IDFC First Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 54.85, down 3.6% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.88% on the day, quoting at 17556.4. The Sensex is at 59263.69, down 1.56%.IDFC First Bank Ltd has eased around 1.79% in last one month.Meanwhile, index of which IDFC First Bank Ltd is a constituent, has eased around 5.84% in last one month and is currently quoting at 41647.65, down 3.17% on the day. The volume in the stock stood at 289.22 lakh shares today, compared to the daily average of 294.82 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 54.9, down 3.94% on the day. IDFC First Bank Ltd jumped 17.7% in last one year as compared to a 2.66% rally in NIFTY and a 6.99% spurt in the index.

The PE of the stock is 17.97 based on TTM earnings ending December 22.

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First Published: Jan 27 2023 | 1:35 PM IST

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