SBI share price has zoomed 5% and is presently trading at Rs 193.
Meanwhile, the BSE BANKEX Index is at 21,400 (up 8.9%).
Among the top Gainers in the BSE BANKEX Index today are SBI (up 5.2%) and KOTAK MAHINDRA BANK (up 10.0%).
CITY UNION BANK (down 3.2%) and YES BANK (down 13.8%) are among the top losers today.
Over the last one year, SBI has moved down from Rs 294 to Rs 193, registering a loss of Rs 101 (down 34.4%).
On the other hand, the BSE BANKEX has moved down from 32,724 to 21,400, loss of 11,324 points (down 34.6%) during the last 12 months.
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The BSE Sensex is at 28,244 (up 5.8%).
The top gainers among the BSE Sensex stocks today are AXIS BANK (up 15.0%), RELIANCE IND. (up 10.2%) and KOTAK MAHINDRA BANK (up 10.0%). Other gainers include ICICI BANK (up 9.4%) and MARUTI SUZUKI (up 8.9%). The most traded stocks in the BSE Sensex are RELIANCE IND. and KOTAK MAHINDRA BANK.
In the meantime, NSE Nifty is at 8,239 (up 5.6%). The top gainers in the NSE Nifty include AXIS BANK (up 15.0%), RELIANCE IND. (up 10.1%) and ICICI BANK (up 10.0%). Other gainers include KOTAK MAHINDRA BANK (up 10.0%) and MARUTI SUZUKI (up 9.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 37,809 to 28,244, registering a loss of 9,565 points (down 25.33%).
SBI net profit stood at Rs 56 billion for the quarter ended December 2019, compared to a profit of Rs 40 billion a year ago. Operating income rose 8.7% to Rs 676.9 billion during the period as against Rs 622.8 billion in October-December 2018.
For the year ended March 2019, SBI reported 173.3% decrease in net profit to Rs 30.7 billion compared to net profit of Rs 41.9 billion during FY18.
Revenue of the company grew 10.6% to Rs 2,533 billion during FY19.
The current Price to earnings ratio of SBI, based on rolling 12 month earnings, stands at 14.6x. p >
What else is happening in the markets today? Dig in...
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Indian share markets end lower with the Sensex down by 441 points and the Nifty ending down by 143 points.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
BALMER LAWRIE share price is trading down by 5% and its current market price is Rs 148. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.8%) and MOTILAL OSWAL (up 6.1%). The top losers are BALMER LAWRIE (down 5.0%) and APOLLO HOSPITALS (down 5.5%).
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