X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
CORPORATION BANK Surges by 5%; BSE BANKEX Index Up 0.3%

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?  

CORPORATION BANK Surges by 5%; BSE BANKEX Index Up 0.3%
Thu, 14 Mar 09:20 AM

CORPORATION BANK share price has zoomed 5% and is presently trading at Rs 31.

Meanwhile, the BSE BANKEX Index is at 32,468 (up 0.3%).

Among the top Gainers in the BSE BANKEX Index today is CORPORATION BANK (up 5.2%).

KOTAK MAHINDRA BANK (down 0.1%) is among the top loser today.

Over the last one year, CORPORATION BANK has moved up from Rs 30 to Rs 31, registering a gain of Rs 1 (up 4.2%).

On the other hand, the BSE BANKEX has moved up from 27,905 to 32,468, registering a gain of 4,563 points (up 16.4%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 40.2%), ICICI BANK (up 29.0%) and HDFC BANK (up 20.2%).

What About the Benchmark Indices?

The BSE Sensex is at 37,841 (up 0.2%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 1.2%), VEDANTA LTD (up 1.1%) and AXIS BANK (up 0.8%). Other gainers include WIPRO (up 0.8%) and HDFC (up 0.7%). The most traded stocks in the BSE Sensex are HDFC and SBI.

In the meantime, NSE Nifty is at 11,382 (up 0.4%). YES BANK (up 1.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,857 to 37,841, registering a gain of 3,984 points (up 11.8%).

CORPORATION BANK Financial Update...

CORPORATION BANK net profit declined 104.9% YoY to Rs 605 million for the quarter ended December 2018, compared to a loss of Rs 12 billion a year ago. Operating income declined 13.0% to Rs 38.2 billion during the period as against Rs 43.9 billion in October-December 2017.

For the year ended March 2018, CORPORATION BANK reported 815.8% decrease in net profit to Rs 40.5 billion compared to net profit of Rs 5.7 billion during FY17.

Revenue of the company grew 9.5% to Rs 176 billion during FY18.

The current Price to earnings ratio of CORPORATION BANK, based on rolling 12 month earnings, stands at down 3.3x.

Equitymaster requests your view! Post a comment on "CORPORATION BANK Surges by 5%; BSE BANKEX Index Up 0.3%". Click here!

  

Stock Market Updates

Sensex Ends 71 Points Lower; Metal and Energy Stocks Witness Selling (Today's Market)

Jun 24, 2019 Closing

India share markets witnessed selling pressure during closing hours and ended their volatile trading day marginally lower.

BLUE STAR Plunges by 5%; BSE CAPITAL GOODS Index Up 0.3% (Today's Market)

Jun 24, 2019 03:28 PM

BLUE STAR share price has plunged by 5% and its current market price is Rs 791. The BSE CAPITAL GOODS is up by 0.3%. The top gainers in the BSE CAPITAL GOODS Index are SUZLON ENERGY (up 9.7%) and NBCC (INDIA) LTD (up 5.5%). The top losers is BLUE STAR (down 5.1%).

ALEMBIC PHARMA Surges by 5%; BSE HEALTHCARE Index Up 0.1% (Today's Market)

Jun 24, 2019 03:18 PM

ALEMBIC PHARMA share price has surged by 5% and its current market price is Rs 500. The BSE HEALTHCARE is up by 0.1%. The top gainers in the BSE HEALTHCARE Index is ALEMBIC PHARMA (up 5.0%). The top losers are GSK PHARMA (down 0.2%) and CIPLA (down 0.2%).

PC JEWELLER Plunges by 5%; BSE 500 Index Down 0.2% (Today's Market)

Jun 24, 2019 03:18 PM

PC JEWELLER share price has plunged by 5% and its current market price is Rs 57. The BSE 500 is down by 0.2%. The top gainers in the BSE 500 Index are JAIN IRRIGATION (up 13.7%) and SUZLON ENERGY (up 10.3%). The top losers are PC JEWELLER (down 5.2%) and GLENMARK PHARMA (down 7.6%).

ADANI POWER Surges by 5%; BSE POWER Index Up 0.4% (Today's Market)

Jun 24, 2019 03:08 PM

ADANI POWER share price has surged by 5% and its current market price is Rs 50. The BSE POWER is up by 0.4%. The top gainers in the BSE POWER Index are ADANI POWER (up 5.2%) and SUZLON ENERGY (up 10.3%). The top losers are ABB INDIA (down 0.1%) and GMR INFRA (down 0.3%).

KIOCL Plunges by 5%; BSE METAL Index Down 1.3% (Today's Market)

Jun 24, 2019 03:02 PM

KIOCL share price has plunged by 5% and its current market price is Rs 137. The BSE METAL is down by 1.3%. The top gainers in the BSE METAL Index are COAL INDIA (up 1.2%) and HINDALCO (up 0.7%). The top losers is KIOCL (down 5.5%).

View More Indian Share Market News

Most Popular

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

The Great Indian NBFC Bubble Has Burst but I Will Still Recommend These Safe NBFCs(The 5 Minute Wrapup)

Jun 11, 2019

One chart that predicted the NBFC crisis back in 2016.

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why I Believe Smallcaps Will Catch up to the Sensex(Profit Hunter)

Jun 14, 2019

Smallcaps have gone nowhere even as the Sensex makes new all-time highs. Find out why Richa believes this a good opportunity to invest in smallcaps.

7 Bluechips to Profit from Tech Disruption(Profit Hunter)

Jun 17, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Jun 24, 2019 (Close)

MARKET STATS