BANK OF MAHARASHTRA Surges by 10%; BSE BANKEX Index Up 0.1%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BANK OF MAHARASHTRA Surges by 10%; BSE BANKEX Index Up 0.1%
Wed, 24 Apr 11:40 AM

BANK OF MAHARASHTRA share price has zoomed 10% and is presently trading at Rs 18.

Meanwhile, the BSE BANKEX Index is at 33,270 (up 0.1%).

Among the top Gainers in the BSE BANKEX Index today is BANK OF MAHARASHTRA (up 10.2%).

AXIS BANK (down 0.8%) and KOTAK MAHINDRA BANK (down 0.9%) are among the top losers today.

Over the last one year, BANK OF MAHARASHTRA has moved up from Rs 14 to Rs 18, registering a gain of Rs 4 (up 27.0%).

On the other hand, the BSE BANKEX has moved up from 27,923 to 33,270, registering a gain of 5,347 points (up 18.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 47.5%), ICICI BANK (up 42.4%) and SBI (up 26.4%).

BREAKING: Full Details of the #1 Investment of the Decade...

What About the Benchmark Indices?

The BSE Sensex is at 38,702 (up 0.2%).

The top gainers among the BSE Sensex stocks today are ONGC (up 2.0%), INDUSIND BANK (up 1.8%) and BHARTI AIRTEL (up 1.8%). Other gainers include ASIAN PAINTS (up 1.2%) and RELIANCE IND. (up 0.9%). The most traded stocks in the BSE Sensex are YES BANK and ONGC.

In the meantime, NSE Nifty is at 11,621 (up 0.2%). HPCL (up 2.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,451 to 38,702, registering a gain of 4,251 points (up 12.1%).

BANK OF MAHARASHTRA Financial Update...

BANK OF MAHARASHTRA net profit down at Rs 38 billion for the quarter ended December 2018, compared to a loss of Rs 6 billion a year ago. Operating income declined 2.9% to Rs 26.5 billion during the period as against Rs 27.2 billion in October-December 2017.

For the year ended March 2018, BANK OF MAHARASHTRA reported 18.0% decrease in net profit to Rs 11.1 billion compared to net profit of Rs 13.6 billion during FY17.

Revenue of the company grew 8.0% to Rs 111 billion during FY18.

The current Price to earnings ratio of BANK OF MAHARASHTRA, based on rolling 12 month earnings, stands at down 0.9x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "BANK OF MAHARASHTRA Surges by 10%; BSE BANKEX Index Up 0.1%". Click here!

  

Stock Market Updates

SGX Nifty Trades Lower, Patanjali Ayurved's NCD, Sun Pharma Q4 Results, and Top Cues in Focus Today (Today's Market)

May 29, 2020 Pre-Open

Indian share markets ended on a strong note yesterday. Benchmark indices edged higher tracking mixed cues from global markets.

Sensex Zooms 595 Points; Capital Goods, Automobile and Banking Stocks Rally (Today's Market)

May 28, 2020 Closing

While the BSE Sensex closed higher by 595 points, NSE Nifty closed higher by 175 points.

SUNTECK REALTY Surges by 5%; BSE REALTY Index Up 2.2% (Today's Market)

May 28, 2020 03:29 PM

SUNTECK REALTY share price has surged by 5% and its current market price is Rs 159. The BSE REALTY is up by 2.2%. The top gainers in the BSE REALTY Index is SUNTECK REALTY (up 5.3%). The top losers is INDIABULLS REAL EST (down 5.0%).

TCI EXPRESS LTD Surges by 12%; BSE 500 Index Up 1.9% (Today's Market)

May 28, 2020 03:27 PM

TCI EXPRESS LTD share price has surged by 12% and its current market price is Rs 655. The BSE 500 is up by 1.9%. The top gainers in the BSE 500 Index are TCI EXPRESS LTD (up 12.2%) and BOMBAY BURMAH (up 10.2%). The top losers are IPCA LABS and POWER GRID (down 0.1%).

QUESS CORP. LTD Surges by 5%; BSE IT Index Up 0.3% (Today's Market)

May 28, 2020 03:23 PM

QUESS CORP. LTD share price has surged by 5% and its current market price is Rs 212. The BSE IT is up by 0.3%. The top gainers in the BSE IT Index is QUESS CORP. LTD (up 5.0%). The top losers are WIPRO (down 1.3%) and NIIT TECHNOLOGIES (down 1.6%).

VOLTAS Surges by 5%; BSE CAPITAL GOODS Index Up 5.3% (Today's Market)

May 28, 2020 03:11 PM

VOLTAS share price has surged by 5% and its current market price is Rs 490. The BSE CAPITAL GOODS is up by 5.3%. The top gainers in the BSE CAPITAL GOODS Index are VOLTAS (up 5.1%) and SIEMENS (up 5.1%). The top losers is GRAPHITE INDIA (down 0.4%).

View More Indian Share Market News

Most Popular

What the RBI's Rate Cut Means for Options Traders(Fast Profits Daily)

May 25, 2020

The RBI governor has cut the repo rate to 4%. What does this mean for options traders? Find out in this video.

6 Charts Showing the State of Indian Financial Markets in 2020(Sector Info)

May 26, 2020

Six charts showing how Indian financial markets have performed in 2020 so far...

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

Which Stocks Should You Buy, Sell, and Hold in the Market Today?(Profit Hunter)

May 21, 2020

The coronavirus led uncertainty refuses to go away from the markets. Here's what retail investors should do with their stocks...

More

Get Rich as the
Market Rebounds from Covid-19

Coronavirus Rebound
Get this special guide, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


May 29, 2020 09:13 AM

MARKET STATS