BANK OF MAHARASHTRA share price has zoomed 6% and is presently trading at Rs 16.
Meanwhile, the BSE BANKEX Index is at 33,962 (up 2.7%).
Among the top Gainers in the BSE BANKEX Index today is BANK OF MAHARASHTRA (up 5.6%).
Over the last one year, BANK OF MAHARASHTRA has moved up from Rs 13 to Rs 16, registering a gain of Rs 3 (up 13.3%).
On the other hand, the BSE BANKEX has moved up from 29,171 to 33,962, registering a gain of 4,791 points (up 15.7%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 42.4%), SBI (up 37.0%) and ICICI BANK (up 36.7%).
REVEALED: How to Potentially Make Up to Tens of Thousands of Rupees Within a Few Hours...
The BSE Sensex is at 38,893 (up 2.2%).
The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 5.7%), L&T (up 4.6%) and SBI (up 4.5%). Other gainers include RELIANCE IND. (up 4.3%) and M&M (up 4.0%). The most traded stocks in the BSE Sensex are RELIANCE IND. and YES BANK.
In the meantime, NSE Nifty is at 11,694 (up 2.1%). ADANI PORTS & SEZ (up 6.0%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,149 to 38,893, registering a gain of 3,744 points (up 10.2%).
BANK OF MAHARASHTRA net profit declined 101.9% YoY to Rs 724 million for the quarter ended March 2019, compared to a loss of Rs 38 billion a year ago. Operating income rose 4.9% to Rs 27.8 billion during the period as against Rs 26.5 billion in January-March 2018.
For the year ended March 2018, BANK OF MAHARASHTRA reported 18.0% decrease in net profit to Rs 11.1 billion compared to net profit of Rs 13.6 billion during FY17.
Revenue of the company grew 8.0% to Rs 111 billion during FY18.
The current Price to earnings ratio of BANK OF MAHARASHTRA, based on rolling 12 month earnings, stands at down 0.8x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling yesterday and ended their day deep in the red.
Indian share markets end deep in the red with the Sensex down by 598 points and the Nifty ending down by 164 points.
TORRENT POWER share price is trading up by 5% and its current market price is Rs 429. The BSE POWER is up by 0.6%. The top gainers in the BSE POWER Index are TORRENT POWER (up 5.2%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.7%) and NTPC (down 1.2%).
DILIP BUILDCON share price is trading up by 8% and its current market price is Rs 719. The BSE CAPITAL GOODS is down by 0.6%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON (up 8.5%) and BHEL (up 6.5%). The top losers are CARBORUNDUM UNIVERSAL (down 0.1%) and HINDUSTAN AERO. (down 1.8%).
BALRAMPUR CHINI share price is trading up by 10% and its current market price is Rs 213. The BSE 500 is down by 0.3%. The top gainers in the BSE 500 Index are BALRAMPUR CHINI (up 10.3%) and BALMER LAWRIE (up 13.6%). The top losers are DIVIS LABORATORIES and PIDILITE INDUSTRIES .
INDIAN ENERGY EXCHANGE share price is trading up by 7% and its current market price is Rs 319. The BSE POWER is up by 0.9%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE (up 6.6%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.5%) and NTPC (down 0.8%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll show you how to get started on the path to daily trading profits.
An Indian company founded three decades ago in a garage caught my attention...
In this video, I'll show you how to allocate your capital as a day trader.
More
Equitymaster requests your view! Post a comment on "BANK OF MAHARASHTRA Surges by 6%; BSE BANKEX Index Up 2.7%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!