FEDERAL BANK share price has zoomed 6% and is presently trading at Rs 80.
Meanwhile, the BSE BANKEX Index is at 28,773 (up 1.2%).
Among the top Gainers in the BSE BANKEX Index today is FEDERAL BANK (up 6.3%).
HDFC BANK (down 0.4%) is among the top loser today.
Over the last one year, FEDERAL BANK has moved down from Rs 125 to Rs 80, registering a loss of Rs 44 (down 35.5%).
On the other hand, the BSE BANKEX has moved up from 27,748 to 28,773, registering a gain of 1,025 points (up 3.4%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 17.2%), AXIS BANK (up 13.1%) and KOTAK MAH. BANK (up 8.1%).
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The BSE Sensex is at 35,216 (up 0.7%).
The top gainers among the BSE Sensex stocks today are M&M (up 3.0%), ICICI BANK (up 2.6%) and ONGC (up 2.4%). Other gainers include AXIS BANK (up 2.3%) and SBI (up 1.7%). The most traded stocks in the BSE Sensex are ICICI BANK and SBI.
In the meantime, NSE Nifty is at 10,605 (up 0.7%). M&M (up 3.1%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 32,634 to 35,216, registering a gain of 2,582 points (up 7.6%).
FEDERAL BANK net profit stood at Rs 3 billion for the quarter ended June 2018, compared to a profit of Rs 3 billion a year ago. Operating income rose 6.6% to Rs 26.7 billion during the period as against Rs 25.0 billion in April-June 2017.
For the year ended March 2018, FEDERAL BANK reported 6.6% increase in net profit to Rs 9.1 billion compared to net profit of Rs 8.5 billion during FY17.
Revenue of the company grew 12.9% to Rs 99 billion during FY18.
The current Price to earnings ratio of FEDERAL BANK, based on rolling 12 month earnings, stands at 17.0x. 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%).
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