CORPORATION BANK share price has zoomed 5% and is presently trading at Rs 26.
Meanwhile, the BSE BANKEX Index is at 36,935 (up 1.1%).
Among the top Gainers in the BSE BANKEX Index today is CORPORATION BANK (up 5.1%).
KOTAK MAHINDRA BANK (down 0.5%) and YES BANK (down 0.8%) are among the top losers today.
Over the last one year, CORPORATION BANK has moved down from Rs 28 to Rs 26, registering a loss of Rs 2 (down 8.0%).
On the other hand, the BSE BANKEX has moved up from 30,111 to 36,935, registering a gain of 6,824 points (up 22.6%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 53.7%), KOTAK MAHINDRA BANK (up 34.8%) and CITY UNION BANK (up 24.9%).
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The BSE Sensex is at 41,529 (up 0.8%).
The top gainers among the BSE Sensex stocks today are AXIS BANK (up 2.8%), POWER GRID (up 2.3%) and SBI (up 2.1%). Other gainers include COAL INDIA (up 1.7%) and BHARTI AIRTEL (up 1.7%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.
In the meantime, NSE Nifty is at 12,232 (up 0.8%). AXIS BANK (up 3.0%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,650 to 41,529, registering a gain of 5,879 points (up 16.4%).
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 2.5x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off today and ended deep in the red.
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%).
ICICI LOMBARD GENERAL INSURANCE share price is trading down by 5% and its current market price is Rs 1,479. 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 ICICI LOMBARD GENERAL INSURANCE (down 5.2%) and BAJAJ FINSERV (down 6.2%).
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