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INDIAN BANK Surges by 5%; BSE BANKEX Index Up 0.3%

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INDIAN BANK Surges by 5%; BSE BANKEX Index Up 0.3%
Wed, 6 Mar 12:50 PM

INDIAN BANK share price has zoomed 5% and is presently trading at Rs 249.

Meanwhile, the BSE BANKEX Index is at 31,095 (up 0.3%).

Among the top Gainers in the BSE BANKEX Index today is INDIAN BANK (up 5.1%).

PNB (down 0.1%) and HDFC BANK (down 0.5%) are among the top losers today.

Over the last one year, INDIAN BANK has moved down from Rs 306 to Rs 249, registering a loss of Rs 57 (down 18.7%).

On the other hand, the BSE BANKEX has moved up from 27,953 to 31,095, registering a gain of 3,142 points (up 10.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 38.0%), ICICI BANK (up 22.2%) and KOTAK MAH. BANK (up 13.0%).

What About the Benchmark Indices?

The BSE Sensex is at 36,640 (up 0.5%).

The top gainers among the BSE Sensex stocks today are WIPRO (up 3.0%), VEDANTA LTD (up 2.3%) and ICICI BANK (up 2.2%). Other gainers include BAJAJ FINANCE (up 1.9%) and COAL INDIA (up 1.9%). The most traded stocks in the BSE Sensex are ICICI BANK and WIPRO.

In the meantime, NSE Nifty is at 11,052 (up 0.6%). VEDANTA LTD (up 2.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,747 to 36,640, registering a gain of 2,893 points (up 8.5%).

INDIAN BANK Financial Update...

INDIAN BANK net profit down at Rs 2 billion for the quarter ended December 2018, compared to a loss of Rs 3 billion a year ago. Operating income rose 10.8% to Rs 48.2 billion during the period as against Rs 43.5 billion in October-December 2017.

For the year ended March 2018, INDIAN BANK reported 9.7% decrease in net profit to Rs 13.1 billion compared to net profit of Rs 14.5 billion during FY17.

Revenue of the company grew 6.7% to Rs 171 billion during FY18.

The current Price to earnings ratio of INDIAN BANK, based on rolling 12 month earnings, stands at 18.6x.

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Stock Market Updates

MARICO at All Time High; BSE FMCG Index Up 0.3% (Today's Market)

Aug 19, 2019 09:44 AM

MARICO share price has hit an all time high at Rs 399 (up 1.6%). The BSE FMCG Index is up by 0.3%. Among the top gainers in the BSE FMCG Index today are MARICO (up 1.6%) and NESTLE (up 0.8%). The top losers include AVANTI FEEDS (down 0.1%) and KRBL (down 0.1%).

Sensex Opens Higher; Sun pharma and L&T Top Gainers (Today's Market)

Aug 19, 2019 09:30 am

Asian share markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.5% while the Hang Seng is up 1.9%.

CENTRAL BANK Surges by 5%; BSE BANKEX Index Up 0.7% (Today's Market)

Aug 19, 2019 09:30 AM

CENTRAL BANK share price has surged by 5% and its current market price is Rs 20. The BSE BANKEX is up by 0.7%. The top gainers in the BSE BANKEX Index is CENTRAL BANK (up 5.3%). The top losers [TOPLOSERS].

FORCE MOTORS Surges by 11%; BSE AUTO Index Up 0.2% (Today's Market)

Aug 19, 2019 09:26 AM

FORCE MOTORS share price has surged by 11% and its current market price is Rs 1,257. The BSE AUTO is up by 0.2%. The top gainers in the BSE AUTO Index is FORCE MOTORS (up 10.6%). The top losers are CUMMINS INDIA and TATA MOTORS (down 0.2%).

PRESTIGE ESTATES Surges by 6%; BSE REALTY Index Up 1.2% (Today's Market)

Aug 19, 2019 09:24 AM

PRESTIGE ESTATES share price has surged by 6% and its current market price is Rs 298. The BSE REALTY is up by 1.2%. The top gainers in the BSE REALTY Index is PRESTIGE ESTATES (up 5.6%). The top losers are PHOENIX MILL (down 1.2%) and MAHINDRA LIFESPACE (down 1.9%).

BATA INDIA at All Time High; BSE FMCG Index Up 0.3% (Today's Market)

Aug 19, 2019 09:22 AM

BATA INDIA share price has hit an all time high at Rs 1,492 (up 0.9%). The BSE FMCG Index is up by 0.3%. Among the top gainers in the BSE FMCG Index today are BATA INDIA (up 0.9%) and NESTLE (up 0.9%). The top losers include ITC and GSK CONSUMER (down 0.1%).

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