CORPORATION BANK share price has plunged 5% and is presently trading at Rs 26.
Meanwhile, the BSE BANKEX Index is at 35,760 (up 0.6%).
Among the top losers in the BSE BANKEX Index today is CORPORATION BANK (down 5.3%).
INDUSIND BANK (up 1.2%) and BANK OF BARODA (up 1.0%) are among the top gainers today.
Over the last one year, CORPORATION BANK has moved up from Rs 25 to Rs 26, registering a gain of Rs 1 (up 5.3%)..
The BSE BANKEX has moved up from 30,412 to 35,760, registering a gain of 5,348 points (up 17.6%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 53.0%), KOTAK MAHINDRA BANK (up 28.5%) and CITY UNION BANK (up 22.8%).
The BSE Sensex is at 41,253 (up 0.7%). The top gainers among the BSE Sensex stocks today are ITC (up 3.1%). The most traded stocks in the BSE Sensex are HERO MOTOCORP and INFOSYS.
In the meantime, NSE Nifty is at 12,108 (up 0.6%). ITC (up 2.8%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,395 to 41,253, registering a gain of 4,858 points (up 13.3%).
CORPORATION BANK net profit stood at Rs 4 billion for the quarter ended December 2019, compared to a profit of Rs 605 million a year ago. Operating income rose 8.8% to Rs 41.5 billion during the period as against Rs 38.2 billion in October-December 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. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
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%).
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