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South Indian Bank Ltd eases for fifth straight session
16-Nov-18   13:35 Hrs IST

South Indian Bank Ltd dropped for a fifth straight session today. The stock is quoting at 14.5, down 1.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.66% on the day, quoting at 10686.85. The Sensex is at 35506.97, up 0.7%.South Indian Bank Ltd has eased around 2.36% in last one month.Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has increased around 4.14% in last one month and is currently quoting at 14852.2, up 0.14% on the day. The volume in the stock stood at 105.01 lakh shares today, compared to the daily average of 189.59 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 14.55, down 1.02% on the day. South Indian Bank Ltd tumbled 52.54% in last one year as compared to a 3.92% rally in NIFTY and a 5.4% spurt in the Nifty Private Bank index.

The PE of the stock is 8.26 based on TTM earnings ending September 18.

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