SBI share price has plunged 5% and is presently trading at Rs 232.
Meanwhile, the BSE BANKEX Index is at 28,690 (down 4.0%).
Among the top losers in the BSE BANKEX Index today are SBI (down 5.3%) and KOTAK MAHINDRA BANK (down 5.7%).
Over the last one year, SBI has moved down from Rs 285 to Rs 232, registering a loss of Rs 53 (down 18.6%)..
The BSE BANKEX has moved down from 31,380 to 28,690, loss of 2,690 points (down 8.6%) during the last 12 months.
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The BSE Sensex is at 40,010 (down 2.1%). The top gainers among the BSE Sensex stocks today are ONGC (up 2.8%) and TCS (up 0.4%). The most traded stocks in the BSE Sensex are ONGC and TCS.
In the meantime, NSE Nifty is at 11,794 (down 2.5%). TATA MOTORS (up 2.3%) and ONGC (up 2.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,452 to 40,010, registering a gain of 2,558 points (up 3.18%).
SBI net profit down at Rs 42 billion for the quarter ended June 2020, compared to a loss of Rs 56 billion a year ago. Operating income declined 1.8% to Rs 665.0 billion during the period as against Rs 676.9 billion in April-June 2019.
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 11.6x. p >
What else is happening in the markets today? Dig in...
TATA MOTORS share price is trading up by 5% and its current market price is Rs 346. The BSE AUTO is up by 3.2%. The top gainers in the BSE AUTO Index are TATA MOTORS (up 5.3%) and M&M (up 5.7%).
TRENT share price is trading up by 11% and its current market price is Rs 920. The BSE 500 is up by 0.8%. The top gainers in the BSE 500 Index are TRENT (up 10.6%) and BASF INDIA (up 12.1%). The top losers are CRISIL and BAYER CROPSCIENCE .
JAIN IRRIGATION share price is trading up by 8% and its current market price is Rs 20. The BSE CAPITAL GOODS is up by 1.1%. The top gainers in the BSE CAPITAL GOODS Index are JAIN IRRIGATION (up 8.2%) and NBCC (INDIA) (up 6.0%). The top losers are CARBORUNDUM UNIVERSAL (down 1.4%) and GRAPHITE INDIA (down 2.0%).
ADANI GAS share price is trading up by 10% and its current market price is Rs 585. The BSE 500 is up by 0.9%. The top gainers in the BSE 500 Index are ADANI GAS (up 10.5%) and BASF INDIA (up 10.2%). The top losers are MAHARASHTRA SEAMLESS and TAMIL NADU NEWSPRINT .
IFCI share price is trading up by 13% and its current market price is Rs 11. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are IFCI (up 12.6%) and SYMPHONY (up 17.1%). The top losers are PRESTIGE ESTATES and TV TODAY NETWORK .
Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 209 points, up 0.4% at 50,058 levels.
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