J&K BANK share price has zoomed 6% and is presently trading at Rs 35.
Meanwhile, the BSE BANKEX Index is at 35,482 (up 0.2%).
Among the top Gainers in the BSE BANKEX Index today is J&K BANK (up 6.5%).
HDFC BANK and AXIS BANK (down 0.1%) are among the top losers today.
Over the last one year, J&K BANK has moved down from Rs 40 to Rs 35, registering a loss of Rs 5 (down 15.2%).
On the other hand, the BSE BANKEX has moved up from 29,603 to 35,482, registering a gain of 5,879 points (up 19.6%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 38.2%), ICICI BANK (up 37.1%) and CITY UNION BANK (up 29.5%).
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The BSE Sensex is at 40,736 (up 0.4%).
The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 2.9%), BHARTI AIRTEL (up 1.8%) and COAL INDIA (up 1.7%). Other gainers include INDUSIND BANK (up 1.4%) and ASIAN PAINTS (up 1.1%). The most traded stocks in the BSE Sensex are BAJAJ AUTO and MARUTI SUZUKI.
In the meantime, NSE Nifty is at 12,005 (up 0.5%). RELIANCE IND. (up 3.0%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,775 to 40,736, registering a gain of 4,961 points (up 13.5%).
J&K BANK net profit down at Rs 219 million for the quarter ended June 2019, compared to a loss of Rs 1 billion a year ago. Operating income rose 3.5% to Rs 20.7 billion during the period as against Rs 20.0 billion in April-June 2018.
For the year ended March 2018, J&K BANK reported 112.4% decrease in net profit to Rs 2.0 billion compared to net profit of Rs 16.3 billion during FY17.
Revenue of the company grew 1.0% to Rs 66 billion during FY18.
The current Price to earnings ratio of J&K BANK, based on rolling 12 month earnings, stands at 0.4x. p >
What else is happening in the markets today? Dig in...
Indian share markets ended on a strong note on Tuesday. Benchmark indices extended gains after the Indian government fast-tracked emergency approvals for foreign produced Covid-19 vaccines.
Indian share markets end on a strong note with the Sensex up by 661 points and the Nifty ending up by 194 points.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
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