UNION BANK share price has zoomed 5% and is presently trading at Rs 35.
Meanwhile, the BSE BANKEX Index is at 24,966 (up 0.9%).
Among the top Gainers in the BSE BANKEX Index today is UNION BANK (up 5.5%).
YES BANK (down 0.5%) is among the top loser today.
Over the last one year, UNION BANK has moved down from Rs 75 to Rs 35, registering a loss of Rs 41 (down 54.1%).
On the other hand, the BSE BANKEX has moved down from 34,403 to 24,966, loss of 9,437 points (down 27.5%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were [param_historic_top3].
FREE Subscription: Join Our YouTube Channel Today
The BSE Sensex is at 35,116 (up 0.4%).
The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 3.9%), BAJAJ FINANCE (up 3.3%) and BAJAJ FINSERV (up 2.4%). Other gainers include SBI (up 1.6%) and ONGC (up 1.5%). The most traded stocks in the BSE Sensex are SBI and ONGC.
In the meantime, NSE Nifty is at 10,378 (up 0.6%). The top gainers in the NSE Nifty include INDUSIND BANK (up 4.0%), BAJAJ FINANCE (up 3.2%) and UPL (up 3.0%). Other gainers include JSW STEEL (up 2.3%) and BAJAJ FINSERV (up 2.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,123 to 35,116, registering a loss of 4,007 points (down 10.39%).
UNION BANK net profit stood at Rs 6 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Operating income rose 13.6% to Rs 96.3 billion during the period as against Rs 84.8 billion in October-December 2018.
For the year ended March 2019, UNION BANK reported 43.9% decrease in net profit to Rs 29.2 billion compared to net profit of Rs 52.1 billion during FY18.
Revenue of the company grew 4.1% to Rs 343 billion during FY19.
The current Price to earnings ratio of UNION BANK, based on rolling 12 month earnings, stands at down 1.6x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed positive trading activity throughout the day today and ended on a strong note.
MRPL share price has hit a 52-week high. It is presently trading at Rs 45. BSE 500 Index is up by 1.7% at 19,713. Within the BSE 500, MRPL (up 8.3%) and RCF (up 20.0%) are among the top gainers, while top losers are HIMADRI SPECIALITY CHEMICAL and BHARTI AIRTEL.
KEC INTERNATIONAL share price is trading up by 5% and its current market price is Rs 454. The BSE CAPITAL GOODS is up by 1.6%. The top gainers in the BSE CAPITAL GOODS Index are KEC INTERNATIONAL (up 5.2%) and BHARAT ELECTRONICS (up 6.5%). The top losers are SCHAEFFLER INDIA (down 0.2%) and HINDUSTAN AERO. (down 0.3%).
GUJARAT ALKALIES share price is trading up by 10% and its current market price is Rs 346. The BSE 500 is up by 1.6%. The top gainers in the BSE 500 Index are GUJARAT ALKALIES (up 10.2%) and DEEPAK NITRITE (up 14.5%). The top losers are COLGATE and HDFC AMC .
DEEPAK NITRITE share price is trading up by 13% and its current market price is Rs 1,553. The BSE 500 is up by 1.4%. The top gainers in the BSE 500 Index are DEEPAK NITRITE (up 12.8%) and JUST DIAL (up 14.2%). The top losers are BAJAJ HOLDINGS & INVESTMENT and CADILA HEALTHCARE .
HIMADRI SPECIALITY CHEMICAL share price is trading down by 11% and its current market price is Rs 55. The BSE 500 is up by 1.4%. The top gainers in the BSE 500 Index are RCF (up 20.0%) and MMTC (up 20.0%). The top losers is HIMADRI SPECIALITY CHEMICAL (down 11.3%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
In this video, I'll show you how to get started on the path to daily trading profits.
More
Equitymaster requests your view! Post a comment on "UNION BANK Share Price Up by 5%; BSE BANKEX Index Up 0.9%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!