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Indian Bank is up for a third straight session in a row. The stock is quoting at Rs 253.75, up 2.11% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.15% on the day, quoting at 10814.8. The Sensex is at 36065.97, down 0.12%. Indian Bank has risen around 5.66% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has risen around 2.62% in last one month and is currently quoting at 2975, up 0.24% on the day. The volume in the stock stood at 10.01 lakh shares today, compared to the daily average of 14.86 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 254.5, up 2.11% on the day. Indian Bank is down 32.83% in last one year as compared to a 2.3% drop in NIFTY and a 20.64% drop in the Nifty PSU Bank index.

The PE of the stock is 15.02 based on TTM earnings ending September 18.

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