INDUSIND BANK Surges by 5%; BSE BANKEX Index Up 1.9%

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?  

INDUSIND BANK Surges by 5%; BSE BANKEX Index Up 1.9%
Thu, 23 May 09:24 AM

INDUSIND BANK share price has zoomed 5% and is presently trading at Rs 1,595.

Meanwhile, the BSE BANKEX Index is at 34,913 (up 1.9%).

Among the top Gainers in the BSE BANKEX Index today is INDUSIND BANK (up 5.1%).

Over the last one year, INDUSIND BANK has moved down from Rs 1,910 to Rs 1,595, registering a loss of Rs 315 (down 16.5%).

On the other hand, the BSE BANKEX has moved up from 28,924 to 34,913, registering a gain of 5,989 points (up 20.5%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 51.7%), ICICI BANK (up 41.2%) and SBI (up 38.5%).

FLASH SALE: Grab 1 Year of Hidden Treasure for FREE...

What About the Benchmark Indices?

The BSE Sensex is at 39,688 (up 1.4%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 5.1%), SBI (up 3.3%) and POWER GRID (up 2.5%). Other gainers include YES BANK (up 2.1%) and AXIS BANK (up 1.8%). The most traded stocks in the BSE Sensex are SBI and YES BANK.

In the meantime, NSE Nifty is at 11,915 (up 1.5%). INDUSIND BANK (up 5.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,651 to 39,688, registering a gain of 5,037 points (up 14.4%).

INDUSIND BANK Financial Update...

INDUSIND BANK net profit stood at Rs 10 billion for the quarter ended December 2018, compared to a profit of Rs 9 billion a year ago. Operating income rose 34.4% to Rs 57.6 billion during the period as against Rs 42.9 billion in October-December 2017.

For the year ended March 2018, INDUSIND BANK reported 25.7% increase in net profit to Rs 36.1 billion compared to net profit of Rs 28.7 billion during FY17.

Revenue of the company grew 20.0% to Rs 173 billion during FY18.

The current Price to earnings ratio of INDUSIND BANK, based on rolling 12 month earnings, stands at 24.6x.



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

Equitymaster requests your view! Post a comment on "INDUSIND BANK Surges by 5%; BSE BANKEX Index Up 1.9%". Click here!

  

Stock Market Updates

Sensex Crashes 433 Points; Banking and Auto Stocks Bleed (Today's Market)

Aug 14, 2020 Closing

Indian share markets ended on a negative note today amid a huge selloff in auto and banking stocks.

VAIBHAV GLOBAL Share Price Down by 5%; BSE 500 Index Down 1.0% (Today's Market)

Aug 14, 2020 03:34 PM

VAIBHAV GLOBAL share price is trading down by 5% and its current market price is Rs 1,843. The BSE 500 is down by 1.0%. The top gainers in the BSE 500 Index are LUPIN (up 9.2%) and HEIDELBERG CEMENT (up 8.4%). The top losers are VAIBHAV GLOBAL (down 5.1%) and EICHER MOTOR (down 7.2%).

TATA MOTORS Share Price Down by 5%; BSE AUTO Index Down 2.5% (Today's Market)

Aug 14, 2020 03:26 PM

TATA MOTORS share price is trading down by 5% and its current market price is Rs 133. The BSE AUTO is down by 2.5%. The top gainers in the BSE AUTO Index are CUMMINS INDIA (up 2.6%) and ASHOK LEYLAND (up 1.0%). The top losers are TATA MOTORS (down 5.2%) and EICHER MOTOR (down 7.2%).

VARROC ENGINEERING Share Price Down by 5%; BSE CAPITAL GOODS Index Down 0.5% (Today's Market)

Aug 14, 2020 03:26 PM

VARROC ENGINEERING share price is trading down by 5% and its current market price is Rs 231. The BSE CAPITAL GOODS is down by 0.5%. The top gainers in the BSE CAPITAL GOODS Index are NBCC (INDIA) LTD (up 3.1%) and SIEMENS (up 2.8%). The top losers is VARROC ENGINEERING (down 5.4%)..

BOSCH Share Price Down by 5%; BSE 500 Index Down 1.1% (Today's Market)

Aug 14, 2020 03:18 PM

BOSCH share price is trading down by 5% and its current market price is Rs 14,400. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are ECLERX SERVICES (up 9.6%) and LUPIN (up 9.2%). The top losers are BOSCH (down 5.2%) and EICHER MOTOR (down 6.9%).

BAJAJ ELECTRICALS at 52 Week High; BSE 500 Index Down 1.0 % (Today's Market)

Aug 14, 2020 03:06 PM

BAJAJ ELECTRICALS share price has hit a 52-week high. It is presently trading at Rs 470. BSE 500 Index is down by 1.0% at 14,874. Within the BSE 500, BAJAJ ELECTRICALS (up 7.0%) and REDINGTON (up 15.4%) are among the top gainers, while top losers are EICHER MOTOR and DISH TV.

View More Indian Share Market News

Most Popular

Large Opportunities Are Coming Our Way

Aug 5, 2020

Kenneth Andrade tells us why stocks will bounce back strongly and what he's bullish on.

Is It Time to Book Profits in Gold and Silver?(Fast Profits Daily)

Aug 10, 2020

Gold and silver have delivered phenomenal returns this year. Is it time to take some money of the table?

Forget the Nifty and Sensex for the Next 1 or 2 Years and Focus on These Stocks(Profit Hunter)

Aug 6, 2020

Stocks from the essential small cap space are likely to be outperformers over the next 1 or 2 years.

3 Stocks to Ride the Big Rebound in Smallcaps(Profit Hunter)

Aug 11, 2020

The rebound ratio suggests that smallcaps are set for big gains but this time it will be limited to a few stocks. Make sure you choose wisely.

Governance: For the Country and Your Portfolio(The Honest Truth)

Aug 14, 2020

Ajit Dayal on the need of socially responsible governance.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
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


Aug 14, 2020 (Close)

MARKET STATS