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Indian Stock Market Updates February 21, 2019

INDIAN OVERSEAS BANK Surges by 11%; BSE BANKEX Index Up 0.3%
Thu, 21 Feb 09:20 AM

INDIAN OVERSEAS BANK share price has zoomed 11% and is presently trading at Rs 14.

Meanwhile, the BSE BANKEX Index is at 30,235 (up 0.3%).

Among the top Gainers in the BSE BANKEX Index today is INDIAN OVERSEAS BANK (up 10.6%).

Over the last one year, INDIAN OVERSEAS BANK has moved down from Rs 20 to Rs 14, registering a loss of Rs 6 (down 30.5%).

On the other hand, the BSE BANKEX has moved up from 28,061 to 30,235, registering a gain of 2,174 points (up 7.7%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 32.2%), KOTAK MAH. BANK (up 23.6%) and HDFC BANK (up 13.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 35,837 (up 0.2%).

The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 1.3%), ONGC (up 1.3%) and HERO MOTOCORP (up 1.1%). Other gainers include HDFC BANK (up 1.1%) and VEDANTA LTD (up 1.0%). The most traded stocks in the BSE Sensex are HDFC BANK and HERO MOTOCORP.

In the meantime, NSE Nifty is at 10,747 . ONGC (up 1.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,704 to 35,837, registering a gain of 2,133 points (up 6.3%).

INDIAN OVERSEAS BANK Financial Update...

INDIAN OVERSEAS BANK net profit declined 63.2% YoY to Rs 3 billion for the quarter ended December 2018, compared to a loss of Rs 9 billion a year ago. Operating income rose 6.8% to Rs 45.4 billion during the period as against Rs 42.5 billion in October-December 2017.

For the year ended March 2018, INDIAN OVERSEAS BANK reported 7.9% decrease in net profit to Rs 63.0 billion compared to net profit of Rs 68.4 billion during FY17.

Revenue of the company grew 9.1% to Rs 179 billion during FY18.

The current Price to earnings ratio of INDIAN OVERSEAS BANK, based on rolling 12 month earnings, stands at down 1.3x.

Stock Market Updates

Mutual Fund Buying Activity in February, Easy Trip Planners IPO, and Buzzing Stocks Today (Today's Market)

Mar 9, 2021 Pre-Open

Indian share markets ended their day on a flat note yesterday. At the closing bell yesterday, the BSE Sensex stood higher by 35 points (up 0.1%).

Indian Indices End Flat, GAIL and UPL Among Top Nifty Gainers (Today's Market)

Mar 8, 2021 Closing

Indian share markets end on a flat note with the Sensex ending up by 35 points and the Nifty ending up by 18 points.

Sensex Trades Over 200 Points Higher; Dow Futures Up by 37 Points (Today's Market)

Mar 8, 2021 12:30 pm

BSE Sensex is trading up by 214 points, while the NSE Nifty is trading up by 76 points.

Indian Share Markets Open Higher; GAIL & ONGC Surge 5% (Today's Market)

Mar 8, 2021 09:30 am

Indian share markets open higher. The BSE Sensex opened up by 363 points, while the Nifty is trading higher by 112 points.

ONGC at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Mar 8, 2021 09:40 AM

ONGC share price has hit a 52-week high. It is presently trading at Rs 121. BSE 500 Index is up by 0.7% at 20,123. Within the BSE 500, ONGC (up 5.2%) and BEML (up 13.1%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.

GRINDWELL NORTON at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Mar 8, 2021 09:38 AM

GRINDWELL NORTON share price has hit a 52-week high. It is presently trading at Rs 975. BSE 500 Index is up by 0.8% at 20,123. Within the BSE 500, GRINDWELL NORTON (up 5.5%) and BEML (up 11.8%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.

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