INDIAN BANK share price has plunged 5% and is presently trading at Rs 256.
Meanwhile, the BSE BANKEX Index is at 35,272 (down 2.8%).
Among the top losers in the BSE BANKEX Index today are INDIAN BANK (down 5.1%) and BANK OF BARODA (down 5.4%).
YES BANK (up 4.8%) is among the top gainer today.
Over the last one year, INDIAN BANK has moved down from Rs 338 to Rs 256, registering a loss of Rs 81 (down 24.0%)..
The BSE BANKEX has moved up from 29,368 to 35,272, registering a gain of 5,904 points (up 20.1%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 56.8%), AXIS BANK (up 52.9%) and SBI (up 38.3%).
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The BSE Sensex is at 39,476 (down 2.3%). The top gainers among the BSE Sensex stocks today are YES BANK (up 4.8%), HCL TECHNOLOGIES (up 2.4%) and TCS (up 0.6%). The most traded stocks in the BSE Sensex are YES BANK and HCL TECHNOLOGIES.
In the meantime, NSE Nifty is at 11,772 (down 2.2%). YES BANK (up 5.2%) and HCL TECHNOLOGIES (up 2.3%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,575 to 39,476, registering a gain of 3,901 points (up 8.5%).
INDIAN BANK net profit down at Rs 2 billion for the quarter ended March 2019, compared to a loss of Rs 2 billion a year ago. Operating income rose 3.0% to Rs 49.7 billion during the period as against Rs 48.2 billion in January-March 2018.
For the year ended March 2019, INDIAN BANK reported 71.0% decrease in net profit to Rs 3.8 billion compared to net profit of Rs 13.1 billion during FY18.
Revenue of the company grew 12.1% to Rs 192 billion during FY19.
The current Price to earnings ratio of INDIAN BANK, based on rolling 12 month earnings, stands at 36.4x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
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