Why is RBL Bank falling/rising?
As of 03-Sep, RBL Bank Ltd's stock price is at 270.00, having recently reached a 52-week high of Rs.273.6, but it has underperformed its sector today and experienced a significant drop in investor participation. Despite strong year-to-date and annual gains, concerns about declining profits and high valuations may affect future investor sentiment.
As of 03-Sep, RBL Bank Ltd's stock price is currently at 270.00, reflecting a slight increase of 0.2 (0.07%). The stock has recently hit a new 52-week high of Rs.273.6 and has been gaining for the last four days, with a total return of 7.29% during this period. However, it has underperformed its sector by 0.64% today, and there has been a notable decline in investor participation, with delivery volume falling by 67.71% compared to the five-day average. Despite these mixed signals, RBL Bank has shown strong performance over various time frames, including a 70.89% increase year-to-date and a 19.47% rise over the past year, outperforming the BSE500 index in the long term. The stock's high institutional holdings at 52.32% indicate strong confidence from larger investors, although the company has faced challenges with declining profits and negative results in recent quarters.Broader market context reveals that while RBL Bank has performed well in the short term, with a 6.17% increase over the past week compared to a slight decline of 0.27% in the Sensex, the overall market sentiment may be influenced by the company's recent negative financial results. The stock's performance is juxtaposed against a backdrop of falling interest and declining profitability, which could temper investor enthusiasm despite the recent gains. The stock is trading at a premium valuation relative to its peers, which may raise concerns among potential investors, particularly in light of the company's declining net income and profitability metrics.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
