ALLAHABAD BANK Surges by 5%; BSE BANKEX Index Up 0.0%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ALLAHABAD BANK Surges by 5%; BSE BANKEX Index Up 0.0%
Thu, 7 Mar 01:18 PM

ALLAHABAD BANK share price has zoomed 5% and is presently trading at Rs 54.

Meanwhile, the BSE BANKEX Index is at 31,069 .

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

INDUSIND BANK (down 0.2%) and HDFC BANK (down 0.2%) are among the top losers today.

Over the last one year, ALLAHABAD BANK has moved up from Rs 49 to Rs 54, registering a gain of Rs 5 (up 10.7%).

On the other hand, the BSE BANKEX has moved up from 27,551 to 31,069, registering a gain of 3,518 points (up 12.4%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 40.2%), ICICI BANK (up 25.5%) and KOTAK MAHINDRA BANK (up 14.7%).

Revealed: Top 3 Stocks for 2020 and Beyond

What About the Benchmark Indices?

The BSE Sensex is at 36,749 .

The top gainers among the BSE Sensex stocks today are L&T (up 2.1%), TATA MOTORS DVR (up 1.9%) and M&M (up 1.8%). Other gainers include TATA MOTORS (up 1.3%) and TCS (up 1.0%). The most traded stocks in the BSE Sensex are TATA MOTORS and SBI.

In the meantime, NSE Nifty is at 11,078 (down 0.1%). L&T (up 2.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,317 to 36,749, registering a gain of 3,432 points (up 10.0%).

ALLAHABAD BANK Financial Update...

ALLAHABAD BANK net profit declined 42.0% YoY to Rs 7 billion for the quarter ended December 2018, compared to a loss of Rs 13 billion a year ago. Operating income declined 0.4% to Rs 42.3 billion during the period as against Rs 42.4 billion in October-December 2017.

For the year ended March 2018, ALLAHABAD BANK reported 1484.0% increase in net profit to Rs 45.9 billion compared to net profit of Rs 2.9 billion during FY17.

Revenue of the company grew 7.3% to Rs 164 billion during FY18.

The current Price to earnings ratio of ALLAHABAD BANK, based on rolling 12 month earnings, stands at down 0.6x.



What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "ALLAHABAD BANK Surges by 5%; BSE BANKEX Index Up 0.0%". Click here!

  

Stock Market Updates

Sensex Crashes 667 Points; Banking and Finance Stocks Bleed (Today's Market)

Aug 3, 2020 Closing

Indian share markets extended losses as the session progressed and ended their day deep in the red, amid a huge selloff in banking and financial services stocks.

ASHOKA BUILDCON Share Price Up by 5%; BSE REALTY Index Down 1.1% (Today's Market)

Aug 3, 2020 03:23 PM

ASHOKA BUILDCON share price is trading up by 5% and its current market price is Rs 53. The BSE REALTY is down by 1.1%. The top gainers in the BSE REALTY Index is ASHOKA BUILDCON (up 5.1%). The top losers are GODREJ PROPERTIES (down 0.3%) and PHOENIX MILL (down 1.6%).

ADVANCED ENZYME TECHNOLOGIES Share Price Up by 12%; BSE HEALTHCARE Index Up 0.9% (Today's Market)

Aug 3, 2020 02:37 PM

ADVANCED ENZYME TECHNOLOGIES share price is trading up by 12% and its current market price is Rs 212. The BSE HEALTHCARE is up by 0.9%. The top gainers in the BSE HEALTHCARE Index are ADVANCED ENZYME TECHNOLOGIES (up 11.6%) and BLISS GVS PHARMA (up 14.4%). The top losers are CIPLA (down 1.0%) and FORTIS HEALTHCARE (down 1.1%).

STERLITE TECH. Share Price Down by 5%; BSE 500 Index Down 0.9% (Today's Market)

Aug 3, 2020 02:37 PM

STERLITE TECH. share price is trading down by 5% and its current market price is Rs 123. The BSE 500 is down by 0.9%. The top gainers in the BSE 500 Index are BLISS GVS PHARMA (up 14.4%) and JUBILANT LIFE SCIENCES (up 9.7%). The top losers are STERLITE TECH. (down 5.1%) and APOLLO HOSPITALS (down 5.2%).

GUJARAT GAS Share Price Up by 5%; BSE OIL & GAS Index Down 0.6% (Today's Market)

Aug 3, 2020 02:27 PM

GUJARAT GAS share price is trading up by 5% and its current market price is Rs 304. The BSE OIL & GAS is down by 0.6%. The top gainers in the BSE OIL & GAS Index is GUJARAT GAS (up 5.1%). The top losers are CASTROL INDIA and INDRAPRASTHA GAS (down 1.1%).

APOLLO HOSPITALS Share Price Down by 5%; BSE 500 Index Down 1.0% (Today's Market)

Aug 3, 2020 02:11 PM

APOLLO HOSPITALS share price is trading down by 5% and its current market price is Rs 1,702. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are BLISS GVS PHARMA (up 10.1%) and JUBILANT LIFE SCIENCES (up 10.0%). The top losers are APOLLO HOSPITALS (down 5.4%) and UPL (down 5.4%).

View More Indian Share Market News

Most Popular

Why the Stock of HDFC Bank Deserves a Closer Look than Before...(Profit Hunter)

Jul 22, 2020

HDFC Bank's results point to a gaping hole in Indian financial sector. Possibly even a global contagion.

My Best Trading Ideas When Interest Rates Are So Low(Fast Profits Daily)

Jul 23, 2020

India's interest rates are lower than the inflation rate. Here are the best trades for this situation.

The Smallcap Stock that Made Me Change My Asset Allocation Rule(Profit Hunter)

Jul 21, 2020

I believe this smallcap niche leader could deliver a non-linear payoff.

Gold or Silver: Which One Should You Buy Now?(Fast Profits Daily)

Jul 24, 2020

Silver and gold are both vying for your attention. Which is the better trade today?

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Aug 3, 2020 (Close)

MARKET STATS