RBL Bank Ltd. shares plunged after a decision by India’s central bank to appoint a new director to the board raised concerns about the outlook for the small private-sector lender. The stock dropped as much as 25 percent in Mumbai on Monday, the biggest decline since listing in 2016. It…
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RBL Bank Ltd is quoting at Rs 216, up 2.35% on the day as on 12:49 IST on the NSE. The stock is up 79.25% in last one year as compared to a 61.15% gain in NIFTY and a 82.06% gain in the Nifty Bank index.
RBL Bank Ltd rose for a third straight session today. The stock is quoting at Rs 216, up 2.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.66% on the day, quoting at 15438.45. The Sensex is at 51391.11, up 0.54%. RBL Bank Ltd has added around 13.5% in last one month.
Meanwhile, Nifty Bank index of which RBL Bank Ltd is a constituent, has added around 4.2% in last one month and is currently quoting at 35095.05, up 0.11% on the day. The volume in the stock stood at 88.41 lakh shares today, compared to the daily average of 151.03 lakh shares in last one month.