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.
J&K BANK Surges by 10%; BSE BANKEX Index Up 0.5%

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?  

J&K BANK Surges by 10%; BSE BANKEX Index Up 0.5%
Thu, 20 Jun 11:34 AM

J&K BANK share price has zoomed 10% and is presently trading at Rs 38.

Meanwhile, the BSE BANKEX Index is at 34,277 (up 0.5%).

Among the top Gainers in the BSE BANKEX Index today is J&K BANK (up 10.0%).

AXIS BANK (down 0.6%) and FEDERAL BANK (down 0.8%) are among the top losers today.

Over the last one year, J&K BANK has moved down from Rs 56 to Rs 38, registering a loss of Rs 18 (down 32.6%).

On the other hand, the BSE BANKEX has moved up from 29,403 to 34,277, registering a gain of 4,874 points (up 16.4%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were AXIS BANK (up 48.4%), ICICI BANK (up 44.4%) and FEDERAL BANK (up 24.9%).

What About the Benchmark Indices?

The BSE Sensex is at 39,307 (up 0.4%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 5.0%), INDUSIND BANK (up 3.0%) and BAJAJ AUTO (up 1.9%). Other gainers include SUN PHARMA (up 1.8%) and BHARTI AIRTEL (up 1.5%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 11,746 (up 0.3%). INDIABULLS HOU. FIN. (up 4.8%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,287 to 39,307, registering a gain of 4,020 points (up 11.3%).

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 0.5x.

Equitymaster requests your view! Post a comment on "J&K BANK Surges by 10%; BSE BANKEX Index Up 0.5%". Click here!

  

Stock Market Updates

Sensex Slips 150 Points; Yes Bank & IndusInd Bank Top Losers (Today's Market)

Aug 20, 2019 12:30 pm

Share markets in India have erased early morning gains and are presently trading marginally lower. Barring automobile sector and IT sector, all sectoral indices are trading on a negative note.

EDELWEISS FINANCIAL Plunges by 8%; BSE 500 Index Down 0.5% (Today's Market)

Aug 20, 2019 11:58 AM

EDELWEISS FINANCIAL share price has plunged by 8% and its current market price is Rs 132. The BSE 500 is down by 0.5%. The top gainers in the BSE 500 Index are MAHANAGAR GAS (up 7.9%) and HIMACHAL FUTURISTIC (up 5.0%). The top losers are EDELWEISS FINANCIAL (down 8.2%) and INDIABULLS HOU. FIN. (down 5.4%).

IDBI BANK Plunges by 5%; BSE BANKEX Index Down 1.0% (Today's Market)

Aug 20, 2019 11:56 AM

IDBI BANK share price has plunged by 5% and its current market price is Rs 28. The BSE BANKEX is down by 1.0%. The top gainers in the BSE BANKEX Index are CITY UNION BANK (up 0.9%) and HDFC BANK (up 0.7%). The top losers are IDBI BANK (down 5.2%) and YES BANK (down 6.1%).

ESSEL PROPACK Plunges by 7%; BSE 500 Index Down 0.5% (Today's Market)

Aug 20, 2019 11:36 AM

ESSEL PROPACK share price has plunged by 7% and its current market price is Rs 96. The BSE 500 is down by 0.5%. The top gainers in the BSE 500 Index are MAHANAGAR GAS (up 7.8%) and HIMACHAL FUTURISTIC (up 5.0%). The top losers are ESSEL PROPACK (down 6.5%) and UFLEX LTD. (down 5.0%).

JAI CORP LTD Plunges by 5%; BSE METAL Index Down 1.7% (Today's Market)

Aug 20, 2019 11:32 AM

JAI CORP LTD share price has plunged by 5% and its current market price is Rs 75. The BSE METAL is down by 1.7%. The top losers are JAI CORP LTD (down 5.0%) and NMDC LTD (down 8.9%).

TRIVENI TURBINE Plunges by 6%; BSE CAPITAL GOODS Index Down 0.7% (Today's Market)

Aug 20, 2019 11:18 AM

TRIVENI TURBINE share price has plunged by 6% and its current market price is Rs 102. The BSE CAPITAL GOODS is down by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are HAVELLS IND (up 2.8%) and SUZLON ENERGY (up 1.6%). The top losers is TRIVENI TURBINE (down 5.6%).

View More Indian Share Market News

Most Popular

My Top 3 Dividend Millionaire Stocks(Profit Hunter)

Aug 7, 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.

The Perfect Stock in the Rebirth of India(The 5 Minute Wrapup)

Aug 8, 2019

This debt-free, well-managed company is all set to soar.

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.

Super investor Pulak Prasad is Buying Stocks Big Time...and You Should Too(The 5 Minute Wrapup)

Aug 9, 2019

Here's why the relentless correction in the Indian stock markets has not unnerved the big investors.

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

Aug 12, 2019

Only These Smallcaps Will Give Historic Returns in the Future.

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 20, 2019 12:39 PM

MARKET STATS