RBL Bank Ltd. shares drop 0.23% as Sensex falls

Shares of RBL Bank Ltd. traded 0.23 per cent down at Rs 192.15 at 01:17PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 54.86 points to 38845.94. The stock had settled at Rs 192.6 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 413.65 and Rs 101.6, respectively.

As per BSE data, total traded volume on the counter till 01:17PM (IST) stood at 01:17PM shares with turnover at Rs 16.73 crore.


At the prevailing price, shares of the company trades at 25.15 times its trailing 12-month earnings per share of Rs 7.65 per share and 0.93 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.5.

Shareholding Details
Promoters held 0.0 per cent stake in the company as of 30-Jun-2020, while FIIs owned 29.28 per cent and DIIs 12.26 per cent.