Jammu and Kashmir Bank Ltd rises for third straight session

Jammu and Kashmir Bank Ltd is quoting at Rs 40.8, up 3.82% on the day as on 12:54 IST on the NSE. The stock is up 133.81% in last one year as compared to a 51.32% gain in NIFTY and a 64.52% gain in the Nifty PSU Bank index.

Jammu and Kashmir Bank Ltd rose for a third straight session today. The stock is quoting at Rs 40.8, up 3.82% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.63% on the day, quoting at 15845.1. The Sensex is at 52841.19, up 0.51%. Jammu and Kashmir Bank Ltd has added around 36.91% in last one month.

Meanwhile, Nifty PSU Bank index of which Jammu and Kashmir Bank Ltd is a constituent, has added around 4.54% in last one month and is currently quoting at 2477.25, up 1.2% on the day. The volume in the stock stood at 428.93 lakh shares today, compared to the daily average of 99.99 lakh shares in last one month.

The PE of the stock is 6.49 based on TTM earnings ending March 21.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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