SBI Share Price Down by 6%; BSE BANKEX Index Down 4.3%

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?  

Markets will remain closed on May 13, 2021 on account of Id-Ul-Fitr (Ramzan Id).

SBI Share Price Down by 6%; BSE BANKEX Index Down 4.3%
Mon, 12 Apr 11:20 AM

SBI share price has plunged 6% and is presently trading at Rs 345.

Meanwhile, the BSE BANKEX Index is at 35,831 (down 4.3%).

Among the top losers in the BSE BANKEX Index today are SBI (down 6.5%) and INDUSIND BANK (down 7.6%).

Over the last one year, SBI has moved up from Rs 183 to Rs 345, registering a gain of Rs 162 (up 88.4%)..

The BSE BANKEX has moved up from 21,698 to 35,831, registering a gain of 14,133 points (up 65.1%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were INDUSIND BANK (up 114.0%), SBI (up 80.5%) and FEDERAL BANK (up 78.6%).

Learn: How to Potentially Accumulate Rs 7 Crore in Wealth Over the Long-term

What About the Benchmark Indices?

The BSE Sensex is at 48,957 (down 2.8%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 0.3%) and NESTLE (up 0.1%). The most traded stocks in the BSE Sensex are SUN PHARMA and NESTLE.

In the meantime, NSE Nifty is at 14,652 (down 2.7%). CIPLA (up 6.3%) and DR. REDDYS LAB (up 3.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 29,894 to 48,957, registering a gain of 19,063 points (up 61.30%).

SBI Financial Update...

SBI net profit down at Rs 52 billion for the quarter ended December 2020, compared to a loss of Rs 56 billion a year ago. Operating income declined 1.4% to Rs 667.3 billion during the period as against Rs 676.9 billion in October-December 2019.

For the year ended March 2020, SBI reported 492.3% increase in net profit to Rs 181.8 billion compared to net profit of Rs 30.7 billion during FY19.

Revenue of the company grew 6.5% to Rs 2,699 billion during FY20.

The current Price to earnings ratio of SBI, based on rolling 12 month earnings, stands at 16.8x.



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

Equitymaster requests your view! Post a comment on "SBI Share Price Down by 6%; BSE BANKEX Index Down 4.3%". Click here!

  

Stock Market Updates

Sensex Falls 471 Points, Nifty Ends Below 14,700; Tata Steel & JSW Steel Top Losers (Today's Market)

May 12, 2021 Closing

Indian share markets witnessed selling pressure throughout the day today and ended lower.

Sensex Trades Over 300 Points Lower, Dow Futures Down by 128 Points (Today's Market)

May 12, 2021 12:30 pm

BSE Sensex is trading down by 328 points, while the NSE Nifty is trading down by 89 points.

Sensex Dips 300 Points, Nifty Falls Below 14,800; Godrej Consumer Zooms 10% (Today's Market)

May 12, 2021 09:30 am

Indian share markets open lower. The BSE Sensex opened down by 325 points, while the Nifty is trading lower by 84 points.

SGX Nifty Trades Flat, Interglobe Aviation QIP, Rising Premium for Non-Life Insurers, and Buzzing Stocks Today (Today's Market)

May 12, 2021 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

The Next Smallcap Winners(Profit Hunter)

Apr 30, 2021

Price is the only due diligence one might require to buy this business.

Time to Buy Smallcaps?(Fast Profits Daily)

Apr 30, 2021

In this video, I'll show you why I favour smallcaps over the Nifty.

Are the Stock Markets Deaf to Covid Agony?(Profit Hunter)

May 6, 2021

Why are markets discounting the economic impact of Covid?

My Secret to Find Breakthrough Stocks(Fast Profits Daily)

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

More

India's #1 Trader
Reveals His Secrets

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


May 12, 2021 (Close)

MARKET STATS