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SOUTH IND.BANK Surges by 5%; BSE BANKEX Index Up 0.7%

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SOUTH IND.BANK Surges by 5%; BSE BANKEX Index Up 0.7%
Mon, 1 Apr 02:32 PM

SOUTH IND.BANK share price has zoomed 5% and is presently trading at Rs 17.

Meanwhile, the BSE BANKEX Index is at 34,457 (up 0.7%).

Among the top Gainers in the BSE BANKEX Index today is SOUTH IND.BANK (up 5.2%).

HDFC BANK (down 0.1%) and AXIS BANK (down 0.2%) are among the top losers today.

Over the last one year, SOUTH IND.BANK has moved down from Rs 23 to Rs 17, registering a loss of Rs 6 (down 25.8%).

On the other hand, the BSE BANKEX has moved up from 27,098 to 34,457, registering a gain of 7,359 points (up 26.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 55.5%), ICICI BANK (up 54.9%) and SBI (up 32.5%).

What About the Benchmark Indices?

The BSE Sensex is at 39,080 (up 1.0%).

The top gainers among the BSE Sensex stocks today are TATA MOTORS DVR (up 7.0%), TATA MOTORS (up 6.7%) and VEDANTA LTD (up 4.6%). Other gainers include TATA STEEL (up 4.0%) and WIPRO (up 3.0%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 11,729 (up 0.9%). TATA MOTORS (up 6.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,255 to 39,080, registering a gain of 5,825 points (up 17.5%).

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 10.8x.

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Stock Market Updates

Sensex Ends 587 Points Lower; Realty and Metal Stocks Witness Huge Selling (Today's Market)

Aug 22, 2019 Closing

India share markets continued to witness selling pressure during closing hours and ended their day deep in the red.

SADBHAV ENGINEERING Plunges by 5%; BSE CAPITAL GOODS Index Down 1.2% (Today's Market)

Aug 22, 2019 03:34 PM

SADBHAV ENGINEERING share price has plunged by 5% and its current market price is Rs 123. The BSE CAPITAL GOODS is down by 1.2%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 1.8%) and HAVELLS IND (up 1.0%). The top losers are SADBHAV ENGINEERING (down 5.2%) and HEG (down 6.5%).

SUNTECK REALTY Plunges by 5%; BSE REALTY Index Down 6.2% (Today's Market)

Aug 22, 2019 03:34 PM

SUNTECK REALTY share price has plunged by 5% and its current market price is Rs 448. The BSE REALTY is down by 6.2%. The top gainers in the BSE REALTY Index are OMAXE LTD (up 3.0%) and PRESTIGE ESTATES (up 0.4%). The top losers are SUNTECK REALTY (down 5.0%) and OBEROI REALTY (down 5.5%).

SUNTECK REALTY Plunges by 5%; BSE REALTY Index Down 6.2% (Today's Market)

Aug 22, 2019 03:32 PM

SUNTECK REALTY share price has plunged by 5% and its current market price is Rs 448. The BSE REALTY is down by 6.2%. The top gainers in the BSE REALTY Index are OMAXE LTD (up 3.0%) and PRESTIGE ESTATES (up 0.4%). The top losers are SUNTECK REALTY (down 5.0%) and OBEROI REALTY (down 5.5%).

SADBHAV ENGINEERING Plunges by 5%; BSE CAPITAL GOODS Index Down 1.2% (Today's Market)

Aug 22, 2019 03:32 PM

SADBHAV ENGINEERING share price has plunged by 5% and its current market price is Rs 123. The BSE CAPITAL GOODS is down by 1.2%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 1.8%) and HAVELLS IND (up 1.0%). The top losers are SADBHAV ENGINEERING (down 5.2%) and HEG (down 6.5%).

BAJAJ FINSERV Plunges by 5%; BSE 500 Index Down 1.7% (Today's Market)

Aug 22, 2019 03:32 PM

BAJAJ FINSERV share price has plunged by 5% and its current market price is Rs 7,185. The BSE 500 is down by 1.7%. The top gainers in the BSE 500 Index are PERSISTENT SYSTEMS (up 3.7%) and PI INDUSTRIES (up 3.1%). The top losers are BAJAJ FINSERV (down 5.3%) and GODFREY PHILLIPS (down 6.2%).

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