Syndicate Bank soars 1.85%, rises for third straight session

Syndicate Bank is quoting at Rs 27.6, up 1.85% on the day as on 12:54 IST on the NSE. The stock is down 21.92% in last one year as compared to a 11.87% fall in NIFTY and a 13.72% fall in the Nifty PSU Bank index.

Nov 19, 2019 07:11 IST capital market

Syndicate Bank rose for a third straight session today. The stock is quoting at Rs 27.6, up 1.85% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 11921.35. The Sensex is at 40409.34, up 0.31%. Syndicate Bank has added around 9.96% in last one month.

Meanwhile, Nifty PSU Bank index of which Syndicate Bank is a constituent, has added around 11.57% in last one month and is currently quoting at 2492.45, up 1.21% on the day. The volume in the stock stood at 8.09 lakh shares today, compared to the daily average of 13.69 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending September 19.

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