Stock giving 88% return boom today
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Indian Bank Share Price: The market has had a disappointing start this morning. At 11.31 am, Sensex was trading at 72,463, down 0.25 percent or 179.89 points. Whereas, Nifty fell by 0.26 percent or 56.20 points at 21,967.15. Today Bank Nifty opened the market with a fall of 100 points and is currently trading with a fall of 56.25 points. Meanwhile, investors are still disappointed with Indian Bank’s stock. At 11.40 am, the bank’s stock is trading at Rs 500.95, down 7.78 percent i.e. Rs 42.25. The bank’s stock had closed at Rs 509.30 on the last trading day. At the same time, investors have got a negative return of 7.47 percent in one month.
What was the condition of the stock last week?
Indian Bank during the last five trading days shares There has been a decline of 6.18 percent i.e. Rs 33.10. On Friday, Indian Bank shares opened at ₹495 and closed at ₹491.6. The stock touched a high of ₹517.9 and also touched a low of ₹488.25 during the trading hours. During this period, the market capitalization of Indian Bank was ₹ 68749.04 crore. The 52-week high for the stock was ₹573.45 and the 52-week low was ₹254.3. The BSE volume of Indian Bank that day was 224,194 shares.
Also Read: Weak start of stock market, Sensex and Nifty both slipped, know updates
How is the stock performing?
Indian Bank shares have given an excellent return of 21.96 percent i.e. Rs 90.50 per share to the investors on last six months basis. It has given a return of 88.91 percent i.e. Rs 236.55 in one year. Whereas, in five years the company has given a return of 89.95 percent to the investors. The stock price of the company on March 20, 2023 was Rs 266.05. There has been a rise in the stock after June 2023.
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