X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
SYNDICATE BANK Surges by 5%; BSE BANKEX Index Up 0.9%

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?  

SYNDICATE BANK Surges by 5%; BSE BANKEX Index Up 0.9%
Tue, 25 Jun 02:40 PM

SYNDICATE BANK share price has zoomed 5% and is presently trading at Rs 38.

Meanwhile, the BSE BANKEX Index is at 34,745 (up 0.9%).

Among the top Gainers in the BSE BANKEX Index today is SYNDICATE BANK (up 5.3%).

INDUSIND BANK (down 0.5%) and YES BANK (down 1.5%) are among the top losers today.

Over the last one year, SYNDICATE BANK has moved down from Rs 45 to Rs 38, registering a loss of Rs 7 (down 15.1%).

On the other hand, the BSE BANKEX has moved up from 29,617 to 34,745, registering a gain of 5,128 points (up 17.2%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 51.5%), ICICI BANK (up 49.8%) and SBI (up 32.4%).

What About the Benchmark Indices?

The BSE Sensex is at 39,427 (up 0.7%).

The top gainers among the BSE Sensex stocks today are NTPC (up 2.5%), AXIS BANK (up 2.3%) and RELIANCE IND. (up 2.2%). Other gainers include TATA STEEL (up 1.5%) and POWER GRID (up 1.3%). The most traded stocks in the BSE Sensex are NTPC and TATA MOTORS.

In the meantime, NSE Nifty is at 11,792 (up 0.7%). BPCL (up 2.9%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,470 to 39,427, registering a gain of 3,957 points (up 11.1%).

SYNDICATE BANK Financial Update...

SYNDICATE BANK net profit stood at Rs 1 billion for the quarter ended March 2019, compared to a profit of Rs 1 billion a year ago. Operating income rose 2.8% to Rs 56.1 billion during the period as against Rs 54.6 billion in January-March 2018.

For the year ended March 2019, SYNDICATE BANK reported 19.7% decrease in net profit to Rs 25.9 billion compared to net profit of Rs 32.2 billion during FY18.

Revenue of the company grew 0.2% to Rs 217 billion during FY19.

The current Price to earnings ratio of SYNDICATE BANK, based on rolling 12 month earnings, stands at down 37.0x.

Equitymaster requests your view! Post a comment on "SYNDICATE BANK Surges by 5%; BSE BANKEX Index Up 0.9%". Click here!

  

Stock Market Updates

Jalan Committee Recommendations; US-China Trade Worries; Key Q1FY20 Results and Top Stocks in Action (Today's Market)

Jul 19, 2019 Pre-Open

On Thursday, the Indian share markets fell sharply in late trade as US-China trade worries dragged global peers.

View More Indian Share Market News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Jul 18, 2019 (Close)

MARKET STATS