Indian Bank is up for a fifth straight session in a row. The stock is quoting at Rs 236.55, up 3.07% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.47% on the day, quoting at 10914.25. The Sensex is at 36206.05, up 0.39%. Indian Bank has risen around 9.62% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has risen around 2.03% in last one month and is currently quoting at 2832, up 2.11% on the day. The volume in the stock stood at 11.49 lakh shares today, compared to the daily average of 21.3 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 237.2, up 3.78% on the day. Indian Bank is down 18.49% in last one year as compared to a 6.49% spurt in NIFTY and a 1.52% spurt in the Nifty PSU Bank index.

The PE of the stock is 17.13 based on TTM earnings ending December 18.