UNION BANK share price has plunged 10% and is presently trading at Rs 85.
Meanwhile, the BSE BANKEX Index is at 32,467 (down 1.3%).
Among the top losers in the BSE BANKEX Index today is UNION BANK (down 10.1%).
Over the last one year, UNION BANK has moved down from Rs 88 to Rs 85, registering a loss of Rs 3 (down 3.2%)..
The BSE BANKEX has moved up from 29,358 to 32,467, registering a gain of 3,109 points (up 10.6%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 33.6%), SBI (up 23.7%) and ICICI BANK (up 22.6%).
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The BSE Sensex is at 37,584 (down 1.1%). The top gainers among the BSE Sensex stocks today are HDFC (up 1.0%). The most traded stocks in the BSE Sensex are INFOSYS and HDFC.
In the meantime, NSE Nifty is at 11,300 (down 1.1%). TITAN (up 1.5%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,246 to 37,584, registering a gain of 2,338 points (up 5.1%).
UNION BANK net profit declined 112.3% YoY to Rs 2 billion for the quarter ended December 2018, compared to a loss of Rs 12 billion a year ago. Operating income rose 2.6% to Rs 84.8 billion during the period as against Rs 82.6 billion in October-December 2017.
For the year ended March 2018, UNION BANK reported 1010.2% decrease in net profit to Rs 52.1 billion compared to net profit of Rs 5.7 billion during FY17.
Revenue of the company grew 0.4% to Rs 330 billion during FY18.
The current Price to earnings ratio of UNION BANK, based on rolling 12 month earnings, stands at down 4.1x. p >
What else is happening in the markets today? Dig in...
Indian share markets continued their momentum and ended their day on a strong note today.
J&K BANK share price is trading up by 8% and its current market price is Rs 32. The BSE BANKEX is up by 2.8%. The top gainers in the BSE BANKEX Index are J&K BANK (up 7.6%) and RBL BANK (up 5.2%).
RELIANCE IND. share price is trading up by 5% and its current market price is Rs 2,216. The BSE OIL & GAS is up by 1.3%. The top gainers in the BSE OIL & GAS Index is RELIANCE IND. (up 5.1%). The top losers are PETRONET LNG (down 0.1%) and BPCL (down 0.4%).
AU SMALL FINANCE BANK share price has hit an all time high at Rs 1,224 (up 4.2%). The BSE BANKEX Index is up by 2.8%. Among the top gainers in the BSE BANKEX Index today are AU SMALL FINANCE BANK (up 4.2%) and KOTAK MAHINDRA BANK (up 3.0%).
REDINGTON share price is trading down by 5% and its current market price is Rs 200. The BSE 500 is up by 1.9%. The top gainers in the BSE 500 Index are IFCI (up 19.9%) and IDBI BANK (up 12.1%). The top losers are REDINGTON (down 5.1%) and SYMPHONY (down 5.1%).
RBL BANK share price is trading up by 5% and its current market price is Rs 249. The BSE BANKEX is up by 2.7%. The top gainers in the BSE BANKEX Index are RBL BANK (up 5.0%) and FEDERAL BANK (up 5.7%).
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