STOCK MARKET

RBL Bank Ltd Fall for Fifth Straight Session

RBL Bank Ltd went down at 29.83 per cent in last year.

On National Stock Exchange (NSE), RBL Bank Ltd is quoting Rs 140.7, down 0.18 per cent. The stock fell to 29.83 per cent in 2021 compared to a 4.81 per cent rally in NIFTY and a 13.63 per cent spurt in the Nifty PSU Bank index.

On November 24 2022, RBL Bank Ltd was down for a fifth straight session. The stock is quoted at Rs 140.7, down 0.18 per cent. The benchmark NIFTY is up around 0.61 per cent. The Sensex is at 61889.98, up 0.62 per cent. RBL Bank Ltd added around 13.65 per cent in October. Meanwhile, the Nifty PSU Bank index of RBL Bank Ltd increased around 2.82 per cent in 2021 and is recently at 21670.3, up 0.26 per cent. The volume in the stock stood at 38.61 lakh shares on November 24 compared to the daily average of 207.52 lakh shares in October.

In the November futures contract, the benchmark for the stock was quoted at Rs 140.6, which went down 0.57 per cent. RBL Bank Ltd tumbled 29.83 per cent in 2021 compared to a 4.81 per cent rally in NIFTY and a 13.63 per cent spurt in the Nifty PSU Bank index. As of September 22, the private equity of the stock is 11.16 based on TTM earnings.

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