IDBI BANK Surges by 11%; BSE BANKEX Index Up 0.7%

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?  

IDBI BANK Surges by 11%; BSE BANKEX Index Up 0.7%
Mon, 19 Aug 02:14 PM

IDBI BANK share price has zoomed 11% and is presently trading at Rs 28.

Meanwhile, the BSE BANKEX Index is at 32,203 (up 0.7%).

Among the top Gainers in the BSE BANKEX Index today is IDBI BANK (up 11.3%).

SBI (down 0.8%) and YES BANK (down 3.0%) are among the top losers today.

Over the last one year, IDBI BANK has moved down from Rs 61 to Rs 28, registering a loss of Rs 34 (down 55.0%).

On the other hand, the BSE BANKEX has moved up from 31,468 to 32,203, registering a gain of 735 points (up 2.0%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 27.4%), KOTAK MAHINDRA BANK (up 20.7%) and AXIS BANK (up 10.3%).

What About the Benchmark Indices?

The BSE Sensex is at 37,719 (up 0.6%).

The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.8%), L&T (up 1.9%) and AXIS BANK (up 1.9%). Other gainers include ICICI BANK (up 1.7%) and HDFC (up 1.4%). The most traded stocks in the BSE Sensex are SUN PHARMA and TATA MOTORS DVR.

In the meantime, NSE Nifty is at 11,147 (up 0.6%). BHARTI INFRATEL (up 3.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,664 to 37,719, registering a gain of 55 points (up -0.2%).

IDBI BANK Financial Update...

IDBI BANK net profit down at Rs 49 billion for the quarter ended March 2019, compared to a loss of Rs 9 billion a year ago. Operating income declined 0.5% to Rs 54.6 billion during the period as against Rs 54.9 billion in January-March 2018.

For the year ended March 2018, IDBI BANK reported 61.8% increase in net profit to Rs 81.5 billion compared to net profit of Rs 50.3 billion during FY17.

Revenue of the company grew 17.1% to Rs 230 billion during FY18.

The current Price to earnings ratio of IDBI BANK, based on rolling 12 month earnings, stands at down 0.8x.

Equitymaster requests your view! Post a comment on "IDBI BANK Surges by 11%; BSE BANKEX Index Up 0.7%". Click here!

  

Stock Market Updates

Sensex Opens Flat; Power and Energy Stocks Lag (Today's Market)

Sep 20, 2019 09:30 am

Asian share markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.1% while the Hang Seng is up 0.2%.

ASTRAL POLY TECHNICK Plunges by 16%; BSE CAPITAL GOODS Index Down 0.2% (Today's Market)

Sep 20, 2019 09:23 AM

ASTRAL POLY TECHNICK share price has plunged by 16% and its current market price is Rs 1,164. The BSE CAPITAL GOODS is down by 0.2%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON LTD (up 1.2%) and HEG (up 0.7%). The top losers is ASTRAL POLY TECHNICK (down 15.9%)..

ZEE ENTERTAINMENT Plunges by 6%; BSE 500 Index Up 0.1% (Today's Market)

Sep 20, 2019 09:23 AM

ZEE ENTERTAINMENT share price has plunged by 6% and its current market price is Rs 309. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are HEIDELBERG CEMENT (up 5.7%) and TATA COMM. (up 5.0%). The top losers are ZEE ENTERTAINMENT (down 5.6%) and ZYDUS WELLNESS (down 5.8%).

ZYDUS WELLNESS Plunges by 6%; BSE 500 Index Up 0.3% (Today's Market)

Sep 20, 2019 09:19 AM

ZYDUS WELLNESS share price has plunged by 6% and its current market price is Rs 1,766. The BSE 500 is up by 0.3%. The top gainers in the BSE 500 Index are TATA COMM. (up 5.0%) and GUJARAT FLUORO (up 5.0%). The top losers are ZYDUS WELLNESS (down 5.8%) and ENDURANCE TECHNOLOGIES LTD (down 5.0%).

TAKE SOLUTIONS Plunges by 5%; BSE IT Index Up 0.1% (Today's Market)

Sep 20, 2019 09:19 AM

TAKE SOLUTIONS share price has plunged by 5% and its current market price is Rs 123. The BSE IT is up by 0.1%. The top gainers in the BSE IT Index are FIRSTSOURCE SOL. (up 1.6%) and PERSISTENT SYSTEMS (up 1.3%). The top losers is TAKE SOLUTIONS (down 5.3%)..

ISGEC HEAVY ENG. Plunges by 5%; BSE CAPITAL GOODS Index Up 0.5% (Today's Market)

Sep 20, 2019 09:19 AM

ISGEC HEAVY ENG. share price has plunged by 5% and its current market price is Rs 396. The BSE CAPITAL GOODS is up by 0.5%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 1.5%) and SUZLON ENERGY (up 1.0%). The top losers is ISGEC HEAVY ENG. (down 5.5%)..

View More Indian Share Market News

Most Popular

Buy these 7 Stocks if You Believe in India(The 5 Minute Wrapup)

Sep 12, 2019

News headlines predict gloom and doom for India these days. You should ignore them.

A Recession Proof Stock You Can Bet On(Profit Hunter)

Sep 10, 2019

Usually, the typical horizon period for my smallcap recommendations is 3 to 5 years. But if you ask me, this could be one business that you could own and pass on to future generations.

A Rare Opportunity to Buy the Top 5 Stocks in the Market(The 5 Minute Wrapup)

Sep 16, 2019

The stock market today is throwing up a great opportunity to pile on quality stocks.

This Company Will Do Well Despite the Slowdown(The 5 Minute Wrapup)

Sep 11, 2019

How financial inclusion provides a big runway for this stock recommendation.

The 5 Best Trading Opportunities I've Spotted(Profit Hunter)

Sep 13, 2019

These 10 auto stocks should be in your watchlist for the next 32 months. Paste them on your workstation NOW.

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


Sep 20, 2019 10:39 AM

MARKET STATS