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- Indian Stock Market Updates December 4, 2019
CORPORATION BANK Surges by 7%; BSE BANKEX Index Down 0.3%
Wed, 4 Dec 09:38 AM
CORPORATION BANK share price has zoomed 7% and is presently trading at Rs 26.
Meanwhile, the BSE BANKEX Index is at 35,896 (down 0.3%).
Among the top Gainers in the BSE BANKEX Index today is CORPORATION BANK (up 6.7%).
AXIS BANK and BANK OF BARODA (down 0.2%) are among the top losers today.
Over the last one year, CORPORATION BANK has moved down from Rs 27 to Rs 26, registering a loss of Rs 1 (down 4.7%).
On the other hand, the BSE BANKEX has moved up from 30,054 to 35,896, registering a gain of 5,842 points (up 19.2%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 44.5%), KOTAK MAHINDRA BANK (up 33.2%) and CITY UNION BANK (up 33.2%).
Free Guide: Find the Next Crorepati Stock in this Futuristic Industry
What About the Benchmark Indices?
The BSE Sensex is at 40,621 (down 0.3%).
The top gainers among the BSE Sensex stocks today are TATA MOTORS (up 1.8%), TATA MOTORS DVR (up 1.6%) and ICICI BANK (up 0.9%). Other gainers include TCS (up 0.9%) and HERO MOTOCORP (up 0.6%). The most traded stocks in the BSE Sensex are TATA MOTORS and TCS.
In the meantime, NSE Nifty is at 11,978 (down 0.3%). BHARTI INFRATEL (up 3.6%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,241 to 40,621, registering a gain of 4,380 points (up 11.9%).
CORPORATION BANK Financial Update...
CORPORATION BANK net profit stood at Rs 1 billion for the quarter ended September 2019, compared to a profit of Rs 605 million a year ago. Operating income rose 5.0% to Rs 40.1 billion during the period as against Rs 38.2 billion in July-September 2018.
For the year ended March 2019, CORPORATION BANK reported 56.2% increase in net profit to Rs 63.3 billion compared to net profit of Rs 40.5 billion during FY18.
Revenue of the company grew 11.4% to Rs 156 billion during FY19.
The current Price to earnings ratio of CORPORATION BANK, based on rolling 12 month earnings, stands at down 2.4x.
Indian Share Market Update: Top Gainers and Losers
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Stock Market Updates
Rising Inflation and Onion Effect: Your Inside Scoop on the Markets (Today's Market)
Dec 13, 2019 PodcastStock markets remained rangebound this week too. Macroeconomic news globally and domestically remained the focus of the week.
Sensex Ends 428 Points Higher; Metal and IT Stocks Witness Buying (Today's Market)
Dec 13, 2019 ClosingIndian share markets end on a positive note with the Sensex up by 428 points, while the Nifty closed up by 115 points.
INFO EDGE Surges by 5%; BSE IT Index Up 1.7% (Today's Market)
Dec 13, 2019 03:32 PMINFO EDGE share price has surged by 5% and its current market price is Rs 2,658. The BSE IT is up by 1.7%. The top gainers in the BSE IT Index are INFO EDGE (up 5.3%) and FIRSTSOURCE SOL. (up 5.2%). The top losers is ECLERX SERVICES (down 2.2%).
PC JEWELLER Surges by 11%; BSE 500 Index Up 1.0% (Today's Market)
Dec 13, 2019 03:22 PMPC JEWELLER share price has surged by 11% and its current market price is Rs 26. The BSE 500 is up by 1.0%. The top gainers in the BSE 500 Index are PC JEWELLER (up 10.8%) and UCO BANK (up 11.5%). The top losers are HUL and GILLETTE INDIA .
GUJARAT GAS at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)
Dec 13, 2019 03:14 PMGUJARAT GAS share price has hit a 52-week high. It is presently trading at Rs 232. BSE 500 Index is up by 1.0% at 15,534. Within the BSE 500, GUJARAT GAS (up 1.9%) and TRIDENT (up 13.5%) are among the top gainers, while top losers are MANPASAND BEVERAGES and IFB INDUSTRIES LTD.
GE T&D INDIA Surges by 5%; BSE CAPITAL GOODS Index Up 1.2% (Today's Market)
Dec 13, 2019 02:48 PMGE T&D INDIA share price has surged by 5% and its current market price is Rs 157. The BSE CAPITAL GOODS is up by 1.2%. The top gainers in the BSE CAPITAL GOODS Index is GE T&D INDIA (up 5.0%). The top losers are SKF INDIA (down 0.1%) and SIEMENS (down 0.2%).
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