ORIENTAL BANK Plunges by 5%; BSE BANKEX Index Down 0.4%

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ORIENTAL BANK Plunges by 5%; BSE BANKEX Index Down 0.4%
Fri, 11 Oct 12:20 PM

ORIENTAL BANK share price has plunged 5% and is presently trading at Rs 54.

Meanwhile, the BSE BANKEX Index is at 32,362 (down 0.4%).

Among the top losers in the BSE BANKEX Index today are ORIENTAL BANK (down 5.0%) and YES BANK (down 7.0%).

CITY UNION BANK (up 0.9%) and ICICI BANK (up 0.4%) are among the top gainers today.

Over the last one year, ORIENTAL BANK has moved down from Rs 64 to Rs 54, registering a loss of Rs 10 (down 16.3%)..

The BSE BANKEX has moved up from 28,382 to 32,362, registering a gain of 3,980 points (up 14.0%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 38.8%), ICICI BANK (up 33.5%) and CITY UNION BANK (up 29.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 38,345 (up 0.1%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 3.0%). The most traded stocks in the BSE Sensex are TATA MOTORS and TATA STEEL.

In the meantime, NSE Nifty is at 11,363 (up 0.1%). INFOSYS (up 2.8%) and ONGC (up 2.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,761 to 38,345, registering a gain of 3,584 points (up 9.1%).

ORIENTAL BANK Financial Update...

ORIENTAL BANK net profit down at Rs 1 billion for the quarter ended June 2019, compared to a loss of Rs 1 billion a year ago. Operating income rose 7.8% to Rs 49.2 billion during the period as against Rs 45.6 billion in April-June 2018.

For the year ended March 2019, ORIENTAL BANK reported 100.9% decrease in net profit to Rs 550.0 million compared to net profit of Rs 58.7 billion during FY18.

Revenue of the company grew 2.8% to Rs 179 billion during FY19.

The current Price to earnings ratio of ORIENTAL BANK, based on rolling 12 month earnings, stands at 12.2x.

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VODAFONE IDEA Plunges by 11%; BSE 500 Index Up 0.5% (Today's Market)

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VODAFONE IDEA share price has plunged by 11% and its current market price is Rs 3. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are CORPORATION BANK (up 9.6%) and GLENMARK PHARMA (up 7.8%). The top losers is VODAFONE IDEA (down 10.5%)..

CORPORATION BANK Surges by 10%; BSE BANKEX Index Up 0.4% (Today's Market)

Nov 15, 2019 09:25 AM

CORPORATION BANK share price has surged by 10% and its current market price is Rs 17. The BSE BANKEX is up by 0.4%. The top gainers in the BSE BANKEX Index is CORPORATION BANK (up 9.6%). The top losers are CITY UNION BANK (down 0.1%) and AXIS BANK (down 0.1%).

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