VIJAYA BANK Surges by 8%; BSE BANKEX Index Up 2.8%
October 29, 2018 02:01 PM

VIJAYA BANK share price has zoomed 8% and is presently trading at Rs 44.

Meanwhile, the BSE BANKEX Index is at 28,035 (up 2.8%).

Among the top Gainers in the BSE BANKEX Index today are VIJAYA BANK (up 7.6%) and ICICI BANK (up 10.6%).

KOTAK MAH. BANK (down 2.2%) and INDUSIND BANK (down 2.3%) are among the top losers today.

Over the last one year, VIJAYA BANK has moved down from Rs 63 to Rs 44, registering a loss of Rs 19 (down 30.9%).

On the other hand, the BSE BANKEX has moved down from 28,330 to 28,035, loss of 295 points (down 1.4%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 16.5%), AXIS BANK (up 16.4%) and KOTAK MAH. BANK (up 11.3%).

What About the Benchmark Indices?

The BSE Sensex is at 33,917 (up 1.5%).

The top gainers among the BSE Sensex stocks today are ICICI BANK (up 10.6%), SBI (up 7.8%) and ADANI PORTS & SEZ (up 6.7%). Other gainers include TATA MOTORS DVR (up 5.3%) and AXIS BANK (up 4.9%). The most traded stocks in the BSE Sensex are AXIS BANK and YES BANK.

In the meantime, NSE Nifty is at 10,200 (up 1.4%). ICICI BANK (up 10.4%) and SBI (up 7.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,147 to 33,917, registering a gain of 770 points (up 2.1%).

VIJAYA BANK Financial Update...

VIJAYA BANK net profit stood at Rs 1 billion for the quarter ended June 2018, compared to a profit of Rs 796 million a year ago. Operating income rose 12.0% to Rs 35.1 billion during the period as against Rs 31.4 billion in April-June 2017.

For the year ended March 2018, VIJAYA BANK reported 3.1% decrease in net profit to Rs 7.3 billion compared to net profit of Rs 7.5 billion during FY17.

Revenue of the company grew 1.7% to Rs 126 billion during FY18.

The current Price to earnings ratio of VIJAYA BANK, based on rolling 12 month earnings, stands at 9.2x.