Central Bank of India gains for third straight session

Central Bank of India is up for a third straight session today. The stock is quoting at Rs 39.55, up 1.15% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 26078.15. The Sensex is at 85221.98, up 0.94%. Central Bank of India has gained around 5.02% in last one month.

Meanwhile, Nifty PSU Bank index of which Central Bank of India is a constituent, has gained around 6.41% in last one month and is currently quoting at 7853.3, up 0.7% on the day. The volume in the stock stood at 138.48 lakh shares today, compared to the daily average of 80.97 lakh shares in last one month.

The PE of the stock is 8.09 based on TTM earnings ending September 25.

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