ORIENTAL BANK share price has zoomed 6% and is presently trading at Rs 88.
Meanwhile, the BSE BANKEX Index is at 30,314 (up 0.9%).
Among the top Gainers in the BSE BANKEX Index today is ORIENTAL BANK (up 5.6%).
AXIS BANK is among the top loser today.
Over the last one year, ORIENTAL BANK has moved down from Rs 100 to Rs 88, registering a loss of Rs 12 (down 12.8%).
On the other hand, the BSE BANKEX has moved up from 28,314 to 30,314, registering a gain of 2,000 points (up 7.0%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 33.9%), ICICI BANK (up 12.7%) and KOTAK MAH. BANK (up 12.5%).
The BSE Sensex is at 36,141 (up 0.5%).
The top gainers among the BSE Sensex stocks today are VEDANTA LTD (up 2.3%), HERO MOTOCORP (up 1.9%) and YES BANK (up 1.7%). Other gainers include COAL INDIA (up 1.4%) and INDUSIND BANK (up 1.3%). The most traded stocks in the BSE Sensex are YES BANK and VEDANTA LTD.
In the meantime, NSE Nifty is at 10,872 (up 0.4%). VEDANTA LTD (up 2.3%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,184 to 36,141, registering a gain of 1,957 points (up 5.4%).
ORIENTAL BANK net profit declined 107.3% YoY to Rs 1 billion for the quarter ended December 2018, compared to a loss of Rs 20 billion a year ago. Operating income rose 7.0% to Rs 45.6 billion during the period as against Rs 42.6 billion in October-December 2017.
For the year ended March 2018, ORIENTAL BANK reported 442.7% increase in net profit to Rs 58.7 billion compared to net profit of Rs 10.8 billion during FY17.
Revenue of the company grew 5.6% to Rs 174 billion during FY18.
The current Price to earnings ratio of ORIENTAL BANK, based on rolling 12 month earnings, stands at down 3.1x. p >
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