X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
BANK OF INDIA Surges by 5%; BSE BANKEX Index Up 1.1%

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?  

BANK OF INDIA Surges by 5%; BSE BANKEX Index Up 1.1%
Fri, 24 May 11:30 AM

BANK OF INDIA share price has zoomed 5% and is presently trading at Rs 94.

Meanwhile, the BSE BANKEX Index is at 34,740 (up 1.1%).

Among the top Gainers in the BSE BANKEX Index today are BANK OF INDIA (up 5.1%) and BANK OF BARODA (up 5.6%).

KOTAK MAHINDRA BANK (down 0.4%) is among the top loser today.

Over the last one year, BANK OF INDIA has moved down from Rs 99 to Rs 94, registering a loss of Rs 5 (down 5.0%).

On the other hand, the BSE BANKEX has moved up from 28,835 to 34,740, registering a gain of 5,905 points (up 20.1%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 51.4%), ICICI BANK (up 43.6%) and SBI (up 32.2%).

What About the Benchmark Indices?

The BSE Sensex is at 39,224 (up 0.5%).

The top gainers among the BSE Sensex stocks today are L&T (up 3.2%), ICICI BANK (up 2.0%) and HERO MOTOCORP (up 2.0%). Other gainers include BHARTI AIRTEL (up 2.0%) and M&M (up 1.9%). The most traded stocks in the BSE Sensex are YES BANK and AXIS BANK.

In the meantime, NSE Nifty is at 11,776 (up 0.5%). L&T (up 3.2%) and ZEE ENTERTAINMENT (up 2.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,345 to 39,224, registering a gain of 4,879 points (up 13.6%).

BANK OF INDIA Financial Update...

BANK OF INDIA net profit declined 105.3% YoY to Rs 3 billion for the quarter ended March 2019, compared to a loss of Rs 47 billion a year ago. Operating income rose 6.3% to Rs 108.1 billion during the period as against Rs 101.7 billion in January-March 2018.

For the year ended March 2018, BANK OF INDIA reported 655.9% decrease in net profit to Rs 8.1 billion compared to net profit of Rs 1.5 billion during FY17.

Revenue of the company grew 3.2% to Rs 383 billion during FY18.

The current Price to earnings ratio of BANK OF INDIA, based on rolling 12 month earnings, stands at down 2.9x.

Equitymaster requests your view! Post a comment on "BANK OF INDIA Surges by 5%; BSE BANKEX Index Up 1.1%". Click here!

  

Stock Market Updates

Indian Indices Witness Sharp Selling, India's Crude Oil Imports, and Top Cues in Focus Today (Today's Market)

Aug 23, 2019 Pre-Open

India share markets witnessed sharp selling pressure yesterday and ended their day deep in the red.At the closing bell yesterday, the BSE Sensex stood lower by 587 points (down 1.6%).

View More Indian Share Market News

Most Popular

This 60-Year Old Smallcap Company Could Be Our Next Recommendation(The 5 Minute Wrapup)

Aug 12, 2019

My experience at the recent AGM of this smallcap company which has financials of any FMCG major.

Interest Rates Are Low. Buy Solid Dividend Stocks Instead(The 5 Minute Wrapup)

Aug 13, 2019

The dividends paid by these stocks are helpful when interest rates are falling.

Smallcaps that Will Outperform in the Market Rebound(Profit Hunter)

Aug 12, 2019

Only These Smallcaps Will Give Historic Returns in the Future.

My Top 3 Dividend Stocks to Buy Now(Profit Hunter)

Aug 19, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Chandrayaan 2 Heads to the Moon and It's Good News for These Stocks(The 5 Minute Wrapup)

Aug 14, 2019

Why investors should take note of India's advantage as a low cost satellite launcher...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Aug 22, 2019 (Close)

MARKET STATS