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- Indian Stock Market Updates May 13, 2019
UNION BANK Plunges by 10%; BSE BANKEX Index Down 1.3%
Mon, 13 May 03:32 PM
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%).
What About the Benchmark Indices?
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 Financial Update...
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.
Indian Share Market Update: Top Gainers and Losers
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Stock Market Updates
Indian Indices Erase Gains; Sensex Ends 52 Points Higher (Today's Market)
Aug 19, 2019 ClosingAfter opening the day higher, Indian share markets witnessed negative trading activity during closing hours and ended their trading session marginally higher.
SUVEN LIFESCIENCES Surges by 5%; BSE HEALTHCARE Index Up 0.6% (Today's Market)
Aug 19, 2019 03:28 PMSUVEN LIFESCIENCES share price has surged by 5% and its current market price is Rs 248. The BSE HEALTHCARE is up by 0.6%. The top gainers in the BSE HEALTHCARE Index are SUVEN LIFESCIENCES (up 5.5%) and THYROCARE TECHNOLOGIES (up 5.7%). The top losers are CIPLA (down 0.1%) and GSK PHARMA (down 0.3%).
ADANI TRANSMISSION Surges by 5%; BSE POWER Index Up 0.2% (Today's Market)
Aug 19, 2019 03:26 PMADANI TRANSMISSION share price has surged by 5% and its current market price is Rs 221. The BSE POWER is up by 0.2%. The top gainers in the BSE POWER Index is ADANI TRANSMISSION (up 5.1%). The top losers are SUZLON ENERGY (down 0.5%) and TORRENT POWER LTD (down 1.0%).
BIOCON Plunges by 5%; BSE HEALTHCARE Index Up 0.5% (Today's Market)
Aug 19, 2019 03:06 PMBIOCON share price has plunged by 5% and its current market price is Rs 232. The BSE HEALTHCARE is up by 0.5%. The top gainers in the BSE HEALTHCARE Index are THYROCARE TECHNOLOGIES (up 5.7%) and SUN PHARMA ADV. RES. (up 3.6%). The top losers is BIOCON (down 5.0%).
INOX WIND Plunges by 6%; BSE CAPITAL GOODS Index Up 1.5% (Today's Market)
Aug 19, 2019 02:24 PMINOX WIND share price has plunged by 6% and its current market price is Rs 44. The BSE CAPITAL GOODS is up by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 2.7%) and HAVELLS IND (up 2.7%). The top losers is INOX WIND (down 6.1%).
IDBI BANK Surges by 11%; BSE BANKEX Index Up 0.7% (Today's Market)
Aug 19, 2019 02:14 PMIDBI BANK share price has surged by 11% and its current market price is Rs 28. The BSE BANKEX is up by 0.7%. The top gainers in the BSE BANKEX Index is IDBI BANK (up 11.3%). The top losers are SBI (down 0.8%) and YES BANK (down 3.0%).
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