AXIS BANK share price has plunged 6% and is presently trading at Rs 485.
Meanwhile, the BSE BANKEX Index is at 24,174 (down 1.2%).
Among the top losers in the BSE BANKEX Index today are AXIS BANK (down 5.7%) and RBL BANK LTD (down 7.0%).
YES BANK (up 17.7%) and HDFC BANK (up 3.9%) are among the top gainers today.
Over the last one year, AXIS BANK has moved down from Rs 771 to Rs 485, registering a loss of Rs 286 (down 37.1%)..
The BSE BANKEX has moved down from 34,020 to 24,174, loss of 9,846 points (down 28.9%) during the last 12 months.
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The BSE Sensex is at 32,056 (up 0.2%). The top gainers among the BSE Sensex stocks today are HDFC BANK (up 3.9%). The most traded stocks in the BSE Sensex are HDFC BANK and RELIANCE IND..
In the meantime, NSE Nifty is at 9,391 (down 0.1%). TATA MOTORS (up 4.3%) and SUN PHARMA (up 3.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,140 to 32,056, registering a loss of 7,084 points (down 19.11%).
AXIS BANK net profit stood at Rs 18 billion for the quarter ended December 2019, compared to a profit of Rs 17 billion a year ago. Operating income rose 11.2% to Rs 157.1 billion during the period as against Rs 141.3 billion in October-December 2018.
For the year ended March 2019, AXIS BANK reported 987.7% increase in net profit to Rs 50.5 billion compared to net profit of Rs 4.6 billion during FY18.
Revenue of the company grew 20.2% to Rs 560 billion during FY19.
The current Price to earnings ratio of AXIS BANK, based on rolling 12 month earnings, stands at 25.8x. 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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