J&K Bank share price has plunged 6% and is presently trading at Rs 111.2.
Meanwhile, the BSE BANKEX index is at 58,299.2 (down 3.1%).
Among the top losers in the BSE BANKEX index today are Bank of Baroda (down 4.2%) and Indusind Bank (down 4.1%).
Over the last one year, J&K Bank has moved up from Rs 92.9 to Rs 111.2, registering a gain of Rs 18.3 (up 19.7%).
On the other hand, the BSE BANKEX index has moved up from 57,141.1 to 58,299.2, registering a gain of 2.0% during the last 12 months.
The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 65.4%), Federal Bank (up 38.5%) and SBI (up 36.7%).
We're Going On-Air Today: The Small Cap Proxy Players Briefing
The BSE Sensex is at 72,823.0 (down 2.3%).
The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 4.4%) and Bajaj Finance (down 4.4%). The most traded stocks in the BSE Sensex are HDFC Bank and Eternal Ltd.
In the meantime, NSE Nifty is at 22,558.0 (down 2.4%). Shriram Transport and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved down from 75,449.1 to 72,823.0, registering a loss of 2,626.1 points (down 3.5%).
J&K Bank net profit grew 10.5% YoY to Rs 5,875 million for the quarter ended December 2025, compared to a profit of Rs 5,319 million a year ago. Net sales rose 3.3% to Rs 33,149 million during the period as against Rs 32,097 million in October-December 2024.
For the year ended March 2025, J&K Bank reported 17.5% increase in net profit to Rs 20,818 million compared to net profit of Rs 17,712 million during FY24. Revenue of the company grew 11.8% to Rs 125,411 million during FY25.
The current Price to earnings ratio of J&K Bank, based on rolling 12 month earnings, stands at 5.7.
Image source: StarLineArts/www.istockphoto.com
Equitymaster requests your view! Post a comment on "J&K Bank Plunges 6%; BSE BANKEX Index Down 3.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!