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- Indian Stock Market Updates August 7, 2019
CITY UNION BANK Surges by 6%; BSE BANKEX Index Down 1.1%
Wed, 7 Aug 03:30 PM
CITY UNION BANK share price has zoomed 6% and is presently trading at Rs 199.
Meanwhile, the BSE BANKEX Index is at 31,896 (down 1.1%).
Among the top Gainers in the BSE BANKEX Index today is CITY UNION BANK (up 6.1%).
HDFC BANK (down 0.3%) and ICICI BANK (down 0.6%) are among the top losers today.
Over the last one year, CITY UNION BANK has moved up from Rs 171 to Rs 199, registering a gain of Rs 28 (up 16.4%).
On the other hand, the BSE BANKEX has moved up from 31,423 to 31,896, registering a gain of 473 points (up -0.2%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 29.5%), CITY UNION BANK (up 16.4%) and KOTAK MAHINDRA BANK (up 15.0%).
What About the Benchmark Indices?
The BSE Sensex is at 37,105 (down 0.9%).
The top gainers among the BSE Sensex stocks today are HUL (up 1.8%), YES BANK (up 1.8%) and HERO MOTOCORP (up 1.7%). Other gainers include INDUSIND BANK (up 0.7%) and COAL INDIA (up 0.4%). The most traded stocks in the BSE Sensex are YES BANK and INFOSYS.
In the meantime, NSE Nifty is at 10,976 (down 0.9%). ZEE ENTERTAINMENT (up 3.8%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,692 to 37,105, registering a gain of -587 points (up -2.7%).
CITY UNION BANK Financial Update...
CITY UNION 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 1.9% to Rs 9.8 billion during the period as against Rs 9.7 billion in January-March 2018.
For the year ended March 2018, CITY UNION BANK reported 17.7% increase in net profit to Rs 5.9 billion compared to net profit of Rs 5.0 billion during FY17.
Revenue of the company grew 7.2% to Rs 34 billion during FY18.
The current Price to earnings ratio of CITY UNION BANK, based on rolling 12 month earnings, stands at 19.4x.
Indian Share Market Update: Top Gainers and Losers
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Stock Market Updates
Dividend Stocks Amid Volatile Stock Markets; US-China Trade War and More (Today's Market)
Aug 16, 2019 PodcastThe market, which has been caught in the grip of the bears, gave a negative yearly return for first time in last eight years.
Sensex Ends Marginally Higher; Automobile and Power Stocks Witness Buying (Today's Market)
Aug 16, 2019 ClosingThe BSE Sensex ended the day up by 39 points, while the NSE Nifty closed up by 18 points.
PIDILITE INDUSTRIES at All Time High; BSE FMCG Index Up 0.4% (Today's Market)
Aug 16, 2019 03:34 PMPIDILITE INDUSTRIES share price has hit an all time high at Rs 1,373 (up 1.7%). The BSE FMCG Index is up by 0.4%. Among the top gainers in the BSE FMCG Index today are PIDILITE INDUSTRIES (up 1.7%) and P&G HYGIENE (up 0.2%). The top losers include AVANTI FEEDS (down 0.1%) and COLGATE (down 0.1%).
APL APOLLO TUBES Surges by 6%; BSE CAPITAL GOODS Index Down 0.1% (Today's Market)
Aug 16, 2019 03:32 PMAPL APOLLO TUBES share price has surged by 6% and its current market price is Rs 1,350. The BSE CAPITAL GOODS is down by 0.1%. The top gainers in the BSE CAPITAL GOODS Index are APL APOLLO TUBES (up 6.4%) and SUZLON ENERGY (up 6.7%). The top losers are LAKSHMI MACHINE (down 0.2%) and HONEYWELL AUTOMATION (down 0.4%).
CANARA BANK Surges by 5%; BSE BANKEX Index Up 0.8% (Today's Market)
Aug 16, 2019 03:30 PMCANARA BANK share price has surged by 5% and its current market price is Rs 237. The BSE BANKEX is up by 0.8%. The top gainers in the BSE BANKEX Index is CANARA BANK (up 5.2%). The top losers is HDFC BANK (down 0.2%).
ECLERX SERVICES Plunges by 5%; BSE IT Index Down 0.8% (Today's Market)
Aug 16, 2019 03:30 PMECLERX SERVICES share price has plunged by 5% and its current market price is Rs 519. The BSE IT is down by 0.8%. The top gainers in the BSE IT Index are FIRSTSOURCE SOL. (up 3.5%) and ORACLE FINANCIAL (up 3.2%). The top losers is ECLERX SERVICES (down 5.5%).
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