FEDERAL BANK Surges by 5%; BSE BANKEX Index Down 0.5%

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?  

FEDERAL BANK Surges by 5%; BSE BANKEX Index Down 0.5%
Fri, 29 May 01:49 PM

FEDERAL BANK share price has zoomed 5% and is presently trading at Rs 45.

Meanwhile, the BSE BANKEX Index is at 22,075 (down 0.5%).

Among the top Gainers in the BSE BANKEX Index today is FEDERAL BANK (up 5.0%).

ICICI BANK (down 0.4%) and KOTAK MAHINDRA BANK (down 0.6%) are among the top losers today.

Over the last one year, FEDERAL BANK has moved down from Rs 108 to Rs 45, registering a loss of Rs 62 (down 58.2%).

On the other hand, the BSE BANKEX has moved down from 35,598 to 22,075, loss of 13,523 points (down 38.4%) during the last 12 months.

Tomorrow at 11:59pm: We will take the Instant Income video down permanently

What About the Benchmark Indices?

The BSE Sensex is at 32,243 (down 0.2%).

The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 3.9%), ITC (up 2.7%) and HERO MOTOCORP (up 2.1%). Other gainers include L&T (up 1.9%) and NESTLE (up 1.8%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,523 (up 0.2%). The top gainers in the NSE Nifty include UPL (up 6.0%), WIPRO (up 5.2%) and BHARTI INFRATEL (up 4.8%). Other gainers include BPCL (up 3.9%) and IOC (up 3.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,750 to 32,243, registering a loss of 7,507 points (down 19.13%).

FEDERAL BANK Financial Update...

FEDERAL BANK net profit stood at Rs 4 billion for the quarter ended December 2019, compared to a profit of Rs 3 billion a year ago. Operating income rose 12.7% to Rs 33.3 billion during the period as against Rs 29.5 billion in October-December 2018.

For the year ended March 2018, FEDERAL BANK reported 6.6% increase in net profit to Rs 9.1 billion compared to net profit of Rs 8.5 billion during FY17.

Revenue of the company grew 12.9% to Rs 99 billion during FY18.

The current Price to earnings ratio of FEDERAL BANK, based on rolling 12 month earnings, stands at 5.5x.



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

Equitymaster requests your view! Post a comment on "FEDERAL BANK Surges by 5%; BSE BANKEX Index Down 0.5%". Click here!

  

Stock Market Updates

Sensex Trades in Green; Tech Mahindra & Reliance Industries Top Gainers (Today's Market)

Jul 13, 2020 12:30 pm

Share markets in India have erased some of the early morning gains but are still trading on a positive note, tracking global cues.

RELIANCE IND. at All Time High; BSE OIL & GAS Index Up 0.9% (Today's Market)

Jul 13, 2020 11:58 AM

RELIANCE IND. share price has hit an all time high at Rs 1,947 (up 2.8%). The BSE OIL & GAS Index is up by 0.9%. Among the top gainers in the BSE OIL & GAS Index today are RELIANCE IND. (up 2.8%) and BPCL (up 1.0%). The top losers include CASTROL INDIA (down 0.4%) and GAIL (down 0.9%).

L&T INFOTECH LTD at All Time High; BSE IT Index Up 1.7% (Today's Market)

Jul 13, 2020 11:58 AM

L&T INFOTECH LTD share price has hit an all time high at Rs 2,228 (up 5.1%). The BSE IT Index is up by 1.7%. Among the top gainers in the BSE IT Index today are L&T INFOTECH LTD (up 5.1%) and ORACLE FINANCIAL (up 0.1%). The top losers include MPHASIS (down 0.2%) and MINDTREE (down 0.4%).

THYROCARE TECHNOLOGIES Share Price Up by 6%; BSE HEALTHCARE Index Up 0.6% (Today's Market)

Jul 13, 2020 11:56 AM

THYROCARE TECHNOLOGIES share price is trading up by 6% and its current market price is Rs 566. The BSE HEALTHCARE is up by 0.6%. The top gainers in the BSE HEALTHCARE Index are THYROCARE TECHNOLOGIES (up 6.0%) and DR. LAL PATHLABS LTD (up 6.6%). The top losers are IPCA LABS and TORRENT PHARMA (down 0.1%).

DIXON TECHNOLOGIES at All Time High; BSE CONSUMER DURABLES Index Up 0.6% (Today's Market)

Jul 13, 2020 11:56 AM

DIXON TECHNOLOGIES share price has hit an all time high at Rs 6,488 (up 2.4%). The BSE CONSUMER DURABLES Index is up by 0.6%. Among the top gainers in the BSE CONSUMER DURABLES Index today are DIXON TECHNOLOGIES (up 2.4%) and TTK PRESTIGE (up 0.1%). The top losers include VIP INDUSTRIES (down 0.3%) and SYMPHONY (down 0.4%).

JAI CORP LTD Share Price Up by 5%; BSE METAL Index Up 1.4% (Today's Market)

Jul 13, 2020 10:48 AM

JAI CORP LTD share price is trading up by 5% and its current market price is Rs 102. The BSE METAL is up by 1.4%. The top gainers in the BSE METAL Index is JAI CORP LTD (up 5.1%). The top losers is NALCO (down 0.4%).

View More Indian Share Market News

Most Popular

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

A Warning for Traders: Don't Get Addicted to Hopium(Fast Profits Daily)

Jun 30, 2020

If you are a trader, you must watch out for this dangerous addiction.

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Jul 13, 2020 02:11 PM

MARKET STATS