SOUTH IND.BANK Surges by 9%; BSE BANKEX Index Up 0.3%

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?  

SOUTH IND.BANK Surges by 9%; BSE BANKEX Index Up 0.3%
Fri, 26 Jul 09:22 AM

SOUTH IND.BANK share price has zoomed 9% and is presently trading at Rs 13.

Meanwhile, the BSE BANKEX Index is at 32,911 (up 0.3%).

Among the top Gainers in the BSE BANKEX Index today is SOUTH IND.BANK (up 8.5%).

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

Over the last one year, SOUTH IND.BANK has moved down from Rs 18 to Rs 13, registering a loss of Rs 5 (down 26.0%).

On the other hand, the BSE BANKEX has moved up from 29,997 to 32,911, registering a gain of 2,914 points (up 9.6%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 49.7%), AXIS BANK (up 35.5%) and SBI (up 26.1%).

Revealed: Top 3 Stocks for 2020 and Beyond

What About the Benchmark Indices?

The BSE Sensex is at 37,831 (down 0.1%).

The top gainers among the BSE Sensex stocks today are VEDANTA LTD (up 2.2%), YES BANK (up 1.5%) and INDUSIND BANK (up 0.7%). Other gainers include HERO MOTOCORP (up 0.6%) and ICICI BANK (up 0.5%). The most traded stocks in the BSE Sensex are YES BANK and VEDANTA LTD.

In the meantime, NSE Nifty is at 11,253 (down 0.3%). BHARTI INFRATEL (up 1.5%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,858 to 37,831, registering a gain of 973 points (up 2.6%).

SOUTH IND.BANK Financial Update...

SOUTH IND.BANK net profit down at Rs 705 million for the quarter ended March 2019, compared to a loss of Rs 838 million a year ago. Operating income rose 3.2% to Rs 17.9 billion during the period as against Rs 17.4 billion in January-March 2018.

For the year ended March 2019, SOUTH IND.BANK reported 26.1% decrease in net profit to Rs 2.5 billion compared to net profit of Rs 3.3 billion during FY18.

Revenue of the company grew 11.0% to Rs 69 billion during FY19.

The current Price to earnings ratio of SOUTH IND.BANK, based on rolling 12 month earnings, stands at 9.8x.



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

Equitymaster requests your view! Post a comment on "SOUTH IND.BANK Surges by 9%; BSE BANKEX Index Up 0.3%". Click here!

  

Stock Market Updates

GULF OIL LUBRICANTS Share Price Up by 6%; BSE OIL & GAS Index Down 0.5% (Today's Market)

Aug 12, 2020 10:31 AM

GULF OIL LUBRICANTS share price is trading up by 6% and its current market price is Rs 666. The BSE OIL & GAS is down by 0.5%. The top gainers in the BSE OIL & GAS Index is GULF OIL LUBRICANTS (up 6.1%). The top losers are OIL INDIA (down 0.4%) and CASTROL INDIA (down 0.5%).

The BSE METAL Index Down 2% ; HINDUSTAN ZINC Among Top Losers (Today's Market)

Aug 12, 2020 10:15 AM

The BSE METAL Index Down at 8,613 (down 2.1%). Among the top losers in the BSE METAL Index today are HINDUSTAN ZINC, HINDALCO and JINDAL STEEL & POWER. Meanwhile, the BSE Sensex has plunged 0.5% to 38,321.

M&M at 52 Week High; BSE 500 Index Down 0.4 % (Today's Market)

Aug 12, 2020 10:15 AM

M&M share price has hit a 52-week high. It is presently trading at Rs 642. BSE 500 Index is down by 0.4% at 14,741. Within the BSE 500, M&M (up 1.9%) and GE T&D INDIA (up 10.0%) are among the top gainers, while top losers are HINDUSTAN ZINC and SUZLON ENERGY.

ERIS LIFESCIENCES LIMITED Share Price Up by 5%; BSE HEALTHCARE Index Down 1.1% (Today's Market)

Aug 12, 2020 10:09 AM

ERIS LIFESCIENCES LIMITED share price is trading up by 5% and its current market price is Rs 573. The BSE HEALTHCARE is down by 1.1%. The top gainers in the BSE HEALTHCARE Index is ERIS LIFESCIENCES LIMITED (up 5.3%). The top losers are ASTRAZENECA PHARMA (down 0.1%) and SANOFI INDIA (down 0.3%).

BANK OF BARODA Share Price Up by 5%; BSE BANKEX Index Down 0.4% (Today's Market)

Aug 12, 2020 10:07 AM

BANK OF BARODA share price is trading up by 5% and its current market price is Rs 50. The BSE BANKEX is down by 0.4%. The top gainers in the BSE BANKEX Index is BANK OF BARODA (up 5.1%). The top losers are INDUSIND BANK (down 0.2%) and ICICI BANK (down 0.3%).

Sensex Opens Lower; Metal Stocks Under Pressure (Today's Market)

Aug 12, 2020 09:30 am

Asian stock markets are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 1.6% while the Hang Seng is down 0.4%.

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.

This 20 Year Cycle Suggests Gold is Set for an August Rally(Profit Hunter)

Jul 31, 2020

The real reason why gold prices will go up more.

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 12, 2020 11:21 AM

MARKET STATS