SOUTH IND.BANK Share Price Up by 6%; BSE BANKEX Index Down 0.1%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

SOUTH IND.BANK Share Price Up by 6%; BSE BANKEX Index Down 0.1%
Fri, 18 Jun 09:42 AM

SOUTH IND.BANK share price has zoomed 6% and is presently trading at Rs 12.

Meanwhile, the BSE BANKEX Index is at 39,471 .

Among the top Gainers in the BSE BANKEX Index today is SOUTH IND.BANK (up 6.1%).

KOTAK MAHINDRA BANK and AXIS BANK (down 0.1%) are among the top losers today.

Over the last one year, SOUTH IND.BANK has moved up from Rs 7 to Rs 12, registering a gain of Rs 5 (up 71.3%).

On the other hand, the BSE BANKEX has moved up from 23,111 to 39,471, registering a gain of 16,360 points (up 69.9%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 142.4%), INDUSIND BANK (up 105.0%) and AXIS BANK (up 93.3%).

EV Gold Rush: Watch Now Before Investing Your Money in EV Stocks

What About the Benchmark Indices?

The BSE Sensex is at 52,586 (up 0.2%).

The top gainers among the BSE Sensex stocks today are BAJAJ FINSERV (up 1.3%), SUN PHARMA (up 0.8%) and INFOSYS (up 0.7%). Other gainers include HCL TECHNOLOGIES (up 0.6%) and HUL (up 0.6%). The most traded stocks in the BSE Sensex are INDUSIND BANK and ITC.

In the meantime, NSE Nifty is at 15,762 (up 0.1%). The top gainers in the NSE Nifty include ADANI PORTS & SEZ (up 2.0%), BAJAJ FINSERV (up 1.1%) and DIVIS LABORATORIES (up 0.9%). Other gainers include INFOSYS (up 0.9%) and HDFC LIFE INSURANCE (up 0.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,605 to 52,586, registering a gain of 18,981 points (up 55.99%).

SOUTH IND.BANK Financial Update...

SOUTH IND.BANK net profit down at Rs 1 billion for the quarter ended March 2020, compared to a loss of Rs 905 million a year ago. Operating income declined 1.0% to Rs 19.5 billion during the period as against Rs 19.7 billion in January-March 2019.

For the year ended March 2019, SOUTH IND.BANK reported 26.1% decrease in net profit to Rs 2.5 billion compared to net profit of Rs 3.3 billion during FY18.

Revenue of the company grew 11.0% to Rs 69 billion during FY19.

The current Price to earnings ratio of SOUTH IND.BANK, based on rolling 12 month earnings, stands at 20.2x.

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

Equitymaster requests your view! Post a comment on "SOUTH IND.BANK Share Price Up by 6%; BSE BANKEX Index Down 0.1%". Click here!


Stock Market Updates

SGX Nifty Trades Flat, Maruti Suzuki Results amid Chip Shortage, PolicyBazaar IPO, and Buzzing Stocks Today (Today's Market)

Oct 28, 2021 Pre-Open

Indian share markets ended on a negative note yesterday. After trading in a range throughout the session, benchmark indices slipped into red during closing hours.

Sensex Ends 207 Points Lower as Metal & Banking Stocks Witness Selling; Axis Bank Tanks 7% (Today's Market)

Oct 27, 2021 Closing

Indian share markets ended on a negative note with the Sensex down by 207 points and the Nifty ending down by 57 points.

Sensex Trades in Green, Nifty Holds 18,250; Asian Paints and Sun Pharma Top Gainers (Today's Market)

Oct 27, 2021 10:30 am

Indian share markets are trading in green with the Sensex up by 81 points, while the Nifty is trading higher by 22 points.

SGX Nifty Down 41 Points, BPCL Privatisation Hits Roadblock, Zee Entertainment's Board Meeting, and Buzzing Stocks Today (Today's Market)

Oct 27, 2021 Pre-Open

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

View More Indian Share Market News

Most Popular

Tata Group Stocks are on Fire: Which one Should You Buy?(Profit Hunter)

Oct 15, 2021

Tata group stocks are on fire. Find out which one deserves your attention.

India's Big PSU Selloff: Watch Out for these Top Stocks(Views On News)

Oct 15, 2021

The government's plan to divest its stakes in PSUs could spark off a rally in these four stocks.

Up 31,500% in a Year! This Packaging Company Sheds its Penny Stock Status(Views On News)

Oct 18, 2021

What's driving the relentless rally in this packaging company?

Insider Alert! Promoters are Increasing their Stakes in these 5 Companies(Views On News)

Oct 19, 2021

Promoters of many small and mid-cap companies are raising their stakes since the last few quarters.

The One Company Riding the Auto Revolution Beyond EVs(Profit Hunter)

Oct 22, 2021

It's not just about batteries taking over the internal combustion engine. Bigger disruptive forces are coming along with electrification.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Oct 28, 2021 10:19 AM