SOUTH IND.BANK Surges by 6%; BSE BANKEX Index Up 1.0%

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?  

SOUTH IND.BANK Surges by 6%; BSE BANKEX Index Up 1.0%
Mon, 11 Mar 01:30 PM

SOUTH IND.BANK share price has zoomed 6% and is presently trading at Rs 16.

Meanwhile, the BSE BANKEX Index is at 31,411 (up 1.0%).

Among the top Gainers in the BSE BANKEX Index today is SOUTH IND.BANK (up 5.8%).

HDFC BANK (down 0.1%) and INDUSIND BANK (down 0.7%) are among the top losers today.

Over the last one year, SOUTH IND.BANK has moved down from Rs 25 to Rs 16, registering a loss of Rs 9 (down 37.6%).

On the other hand, the BSE BANKEX has moved up from 27,560 to 31,411, registering a gain of 3,851 points (up 13.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 42.1%), ICICI BANK (up 27.0%) and KOTAK MAHINDRA BANK (up 15.1%).

One Stock Crorepati: Watch the Replay to Discover This Rare Opportunity

What About the Benchmark Indices?

The BSE Sensex is at 37,005 (up 0.9%).

The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 5.1%), NTPC (up 4.6%) and POWER GRID (up 4.2%). Other gainers include COAL INDIA (up 3.9%) and VEDANTA LTD (up 2.7%). The most traded stocks in the BSE Sensex are YES BANK and TATA STEEL.

In the meantime, NSE Nifty is at 11,158 (up 1.1%). HPCL (up 6.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,352 to 37,005, registering a gain of 3,653 points (up 10.9%).

SOUTH IND.BANK Financial Update...

SOUTH IND.BANK net profit down at Rs 838 million for the quarter ended December 2018, compared to a loss of Rs 1 billion a year ago. Operating income rose 10.0% to Rs 17.4 billion during the period as against Rs 15.8 billion in October-December 2017.

For the year ended March 2018, SOUTH IND.BANK reported 14.7% decrease in net profit to Rs 3.3 billion compared to net profit of Rs 3.9 billion during FY17.

Revenue of the company grew 5.9% to Rs 62 billion during FY18.

The current Price to earnings ratio of SOUTH IND.BANK, based on rolling 12 month earnings, stands at 9.8x.



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

Equitymaster requests your view! Post a comment on "SOUTH IND.BANK Surges by 6%; BSE BANKEX Index Up 1.0%". Click here!

  

Stock Market Updates

JK LAKSHMI CEMENT Surges by 14%; BSE 500 Index Up 0.2% (Today's Market)

May 26, 2020 03:34 PM

JK LAKSHMI CEMENT share price has surged by 14% and its current market price is Rs 240. The BSE 500 is up by 0.2%. The top gainers in the BSE 500 Index are JK LAKSHMI CEMENT (up 13.6%) and BAYER CROPSCIENCE (up 11.8%). The top losers are DABUR and HDFC AMC .

BAJAJ FINSERV Plunges by 5%; BSE 500 Index Up 0.2% (Today's Market)

May 26, 2020 03:28 PM

BAJAJ FINSERV share price has plunged by 5% and its current market price is Rs 4,398. The BSE 500 is up by 0.2%. The top gainers in the BSE 500 Index are BIRLA CORPORATION (up 20.0%) and JK LAKSHMI CEMENT (up 13.9%). The top losers are BAJAJ FINSERV (down 5.2%) and PIRAMAL ENTERPRISES (down 5.1%).

GRINDWELL NORTON Surges by 6%; BSE CAPITAL GOODS Index Up 1.1% (Today's Market)

May 26, 2020 03:26 PM

GRINDWELL NORTON share price has surged by 6% and its current market price is Rs 534. The BSE CAPITAL GOODS is up by 1.1%. The top gainers in the BSE CAPITAL GOODS Index is GRINDWELL NORTON (up 6.4%). The top losers are V GUARD INDUSTRIES (down 0.2%) and AIA ENGINEERING (down 0.3%).

PIRAMAL ENTERPRISES Plunges by 5%; BSE HEALTHCARE Index Down 0.6% (Today's Market)

May 26, 2020 03:16 PM

PIRAMAL ENTERPRISES share price has plunged by 5% and its current market price is Rs 965. The BSE HEALTHCARE is down by 0.6%. The top gainers in the BSE HEALTHCARE Index are SANOFI INDIA (up 5.3%) and APOLLO HOSPITALS (up 3.6%). The top losers is PIRAMAL ENTERPRISES (down 5.1%).

SANOFI INDIA Surges by 5%; BSE HEALTHCARE Index Down 0.4% (Today's Market)

May 26, 2020 02:58 PM

SANOFI INDIA share price has surged by 5% and its current market price is Rs 7,940. The BSE HEALTHCARE is down by 0.4%. The top gainers in the BSE HEALTHCARE Index is SANOFI INDIA (up 5.4%). The top losers are FORTIS HEALTHCARE (down 0.3%) and DR. REDDYS LAB (down 0.4%).

Indian Indices Erase Gains; Telecom & IT Stocks Under Pressure (Today's Market)

May 26, 2020 12:30 pm

Share markets in India have erased early morning gains but are still trading on a positive note. Benchmark indices surged in early trade today, tracking gains in Asian peers.

View More Indian Share Market News

Most Popular

Protect Your Wealth from Fund Managers(Fast Profits Daily)

May 14, 2020

Do you know how much you are paying in fees to your mutual fund? In this video I'll share with you my views.

Of India's 20 Trillion Stimulus Package and the Swoosh Index for a Swoosh Recovery(Profit Hunter)

May 13, 2020

For India's rapid economic recovery, hopping on to the Swoosh index is a must.

How Commodity Prices Tell You When Stocks Will Go Up(Fast Profits Daily)

May 20, 2020

Commodity prices often provide clues to big moves in stock markets. In today's video, I'll explain this link.

This 'Essential Product' Smallcap is a Must Have for a 'Covid-19' Immune Portfolio(Profit Hunter)

May 19, 2020

This smallcap company needs no stimulus measures to do well in the long term.

Why Buffet - and you - should study Quantum Liquid Fund(The Honest Truth)

May 14, 2020

Ajit Dayal on how Quantum Liquid Fund and Warren Buffett have similar investing styles.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
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


May 26, 2020 03:35 PM

MARKET STATS