RBL BANK share price has plunged 5% and is presently trading at Rs 250.
Meanwhile, the BSE BANKEX Index is at 36,433 (down 1.3%).
Among the top losers in the BSE BANKEX Index today is RBL BANK (down 5.1%).
Over the last one year, RBL BANK has moved down from Rs 328 to Rs 250, registering a loss of Rs 78 (down 23.6%)..
The BSE BANKEX has moved up from 35,441 to 36,433, registering a gain of 992 points (up 2.8%) during the last 12 months.
The top buzzing stocks among the BSE BANKEX Index stocks during this same period were HDFC BANK (up 16.6%), KOTAK MAHINDRA BANK (up 13.9%) and ICICI BANK (up 1.8%).
Last Day: Watch the Replay of Great Indian Wealth Project Special Event
The BSE Sensex is at 49,677 (down 0.6%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 6.7%). The most traded stocks in the BSE Sensex are BAJAJ AUTO and M&M.
In the meantime, NSE Nifty is at 14,620 (down 0.6%). BAJAJ AUTO (up 7.0%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,529 to 49,677, registering a gain of 8,148 points (up 18.78%).
RBL BANK net profit stood at Rs 1 billion for the quarter ended March 2020, compared to a profit of Rs 700 million a year ago. Operating income rose 2.4% to Rs 22.1 billion during the period as against Rs 21.6 billion in January-March 2019.
For the year ended March 2019, RBL BANK reported 33.3% increase in net profit to Rs 8.6 billion compared to net profit of Rs 6.4 billion during FY18.
Revenue of the company grew 38.2% to Rs 63 billion during FY19.
The current Price to earnings ratio of RBL BANK, based on rolling 12 month earnings, stands at 20.1x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "RBL BANK Share Price Down by 5%; BSE BANKEX Index Down 1.3%". 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!