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J&K BANK Plunges by 8%; BSE BANKEX Index Up 0.8%

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J&K BANK Plunges by 8%; BSE BANKEX Index Up 0.8%
Wed, 19 Jun 09:22 AM

J&K BANK share price has plunged 8% and is presently trading at Rs 35.

Meanwhile, the BSE BANKEX Index is at 34,330 (up 0.8%).

Among the top losers in the BSE BANKEX Index today is J&K BANK (down 8.1%).

INDUSIND BANK (up 1.4%) and SBI (up 1.2%) are among the top gainers today.

Over the last one year, J&K BANK has moved down from Rs 58 to Rs 35, registering a loss of Rs 22 (down 38.5%)..

The BSE BANKEX has moved up from 29,594 to 34,330, registering a gain of 4,736 points (up 16.0%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 50.0%), ICICI BANK (up 44.8%) and CITY UNION BANK (up 27.5%).

What About the Benchmark Indices?

The BSE Sensex is at 39,280 (up 0.6%). The top gainers among the BSE Sensex stocks today are TATA STEEL (up 3.2%). The most traded stocks in the BSE Sensex are TATA MOTORS and TATA STEEL.

In the meantime, NSE Nifty is at 11,775 (up 0.7%). TATA STEEL (up 3.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,548 to 39,280, registering a gain of 3,732 points (up 10.5%).

J&K BANK Financial Update...

J&K BANK net profit stood at Rs 2 billion for the quarter ended March 2019, compared to a profit of Rs 1 billion a year ago. Operating income rose 3.4% to Rs 20.7 billion during the period as against Rs 20.0 billion in January-March 2018.

For the year ended March 2018, J&K BANK reported 112.4% decrease in net profit to Rs 2.0 billion compared to net profit of Rs 16.3 billion during FY17.

Revenue of the company grew 1.0% to Rs 66 billion during FY18.

The current Price to earnings ratio of J&K BANK, based on rolling 12 month earnings, stands at 0.4x.

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Stock Market Updates

Sensex Ends 587 Points Lower; Realty and Metal Stocks Witness Huge Selling (Today's Market)

Aug 22, 2019 Closing

India share markets continued to witness selling pressure during closing hours and ended their day deep in the red.

SADBHAV ENGINEERING Plunges by 5%; BSE CAPITAL GOODS Index Down 1.2% (Today's Market)

Aug 22, 2019 03:34 PM

SADBHAV ENGINEERING share price has plunged by 5% and its current market price is Rs 123. The BSE CAPITAL GOODS is down by 1.2%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 1.8%) and HAVELLS IND (up 1.0%). The top losers are SADBHAV ENGINEERING (down 5.2%) and HEG (down 6.5%).

SUNTECK REALTY Plunges by 5%; BSE REALTY Index Down 6.2% (Today's Market)

Aug 22, 2019 03:34 PM

SUNTECK REALTY share price has plunged by 5% and its current market price is Rs 448. The BSE REALTY is down by 6.2%. The top gainers in the BSE REALTY Index are OMAXE LTD (up 3.0%) and PRESTIGE ESTATES (up 0.4%). The top losers are SUNTECK REALTY (down 5.0%) and OBEROI REALTY (down 5.5%).

SUNTECK REALTY Plunges by 5%; BSE REALTY Index Down 6.2% (Today's Market)

Aug 22, 2019 03:32 PM

SUNTECK REALTY share price has plunged by 5% and its current market price is Rs 448. The BSE REALTY is down by 6.2%. The top gainers in the BSE REALTY Index are OMAXE LTD (up 3.0%) and PRESTIGE ESTATES (up 0.4%). The top losers are SUNTECK REALTY (down 5.0%) and OBEROI REALTY (down 5.5%).

SADBHAV ENGINEERING Plunges by 5%; BSE CAPITAL GOODS Index Down 1.2% (Today's Market)

Aug 22, 2019 03:32 PM

SADBHAV ENGINEERING share price has plunged by 5% and its current market price is Rs 123. The BSE CAPITAL GOODS is down by 1.2%. The top gainers in the BSE CAPITAL GOODS Index are BHARAT ELECTRONICS (up 1.8%) and HAVELLS IND (up 1.0%). The top losers are SADBHAV ENGINEERING (down 5.2%) and HEG (down 6.5%).

BAJAJ FINSERV Plunges by 5%; BSE 500 Index Down 1.7% (Today's Market)

Aug 22, 2019 03:32 PM

BAJAJ FINSERV share price has plunged by 5% and its current market price is Rs 7,185. The BSE 500 is down by 1.7%. The top gainers in the BSE 500 Index are PERSISTENT SYSTEMS (up 3.7%) and PI INDUSTRIES (up 3.1%). The top losers are BAJAJ FINSERV (down 5.3%) and GODFREY PHILLIPS (down 6.2%).

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