FEDERAL BANK share price has zoomed 5% and is presently trading at Rs 50.
Meanwhile, the BSE BANKEX Index is at 24,649 (up 3.4%).
Among the top Gainers in the BSE BANKEX Index today are FEDERAL BANK (up 5.0%) and INDUSIND BANK (up 8.6%).
Over the last one year, FEDERAL BANK has moved down from Rs 94 to Rs 50, registering a loss of Rs 44 (down 46.8%).
On the other hand, the BSE BANKEX has moved down from 34,045 to 24,649, loss of 9,396 points (down 27.7%) during the last 12 months.
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The BSE Sensex is at 37,984 (up 1.6%).
The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 8.6%), BAJAJ FINANCE (up 6.2%) and ONGC (up 5.5%). Other gainers include AXIS BANK (up 5.3%) and ICICI BANK (up 4.3%). The most traded stocks in the BSE Sensex are ONGC and SBI.
In the meantime, NSE Nifty is at 11,234 (up 1.6%). The top gainers in the NSE Nifty include INDUSIND BANK (up 8.9%), BAJAJ FINANCE (up 6.4%) and ZEE ENTERTAINMENT (up 5.4%). Other gainers include ONGC (up 5.4%) and AXIS BANK (up 5.3%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,097 to 37,984, registering a loss of 1,113 points (down 2.88%).
FEDERAL BANK net profit down at Rs 4 billion for the quarter ended June 2020, compared to a loss of Rs 4 billion a year ago. Operating income rose 3.4% to Rs 34.4 billion during the period as against Rs 33.3 billion in April-June 2019.
For the year ended March 2018, FEDERAL BANK reported 6.6% increase in net profit to Rs 9.1 billion compared to net profit of Rs 8.5 billion during FY17.
Revenue of the company grew 12.9% to Rs 99 billion during FY18.
The current Price to earnings ratio of FEDERAL BANK, based on rolling 12 month earnings, stands at 6.3x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling during closing hours today and ended their day deep in the red.
TORRENT POWER share price is trading up by 5% and its current market price is Rs 429. The BSE POWER is up by 0.6%. The top gainers in the BSE POWER Index are TORRENT POWER (up 5.2%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.7%) and NTPC (down 1.2%).
DILIP BUILDCON share price is trading up by 8% and its current market price is Rs 719. The BSE CAPITAL GOODS is down by 0.6%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON (up 8.5%) and BHEL (up 6.5%). The top losers are CARBORUNDUM UNIVERSAL (down 0.1%) and HINDUSTAN AERO. (down 1.8%).
BALRAMPUR CHINI share price is trading up by 10% and its current market price is Rs 213. The BSE 500 is down by 0.3%. The top gainers in the BSE 500 Index are BALRAMPUR CHINI (up 10.3%) and BALMER LAWRIE (up 13.6%). The top losers are DIVIS LABORATORIES and PIDILITE INDUSTRIES .
INDIAN ENERGY EXCHANGE share price is trading up by 7% and its current market price is Rs 319. The BSE POWER is up by 0.9%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE (up 6.6%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.5%) and NTPC (down 0.8%).
ITD CEMENTATION INDIA share price is trading up by 8% and its current market price is Rs 93. The BSE REALTY is up by 0.3%. The top gainers in the BSE REALTY Index are ITD CEMENTATION INDIA (up 8.5%) and INDIABULLS REAL EST (up 10.3%). The top losers are PRESTIGE ESTATES and GODREJ PROPERTIES (down 0.2%).
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