IDFC FIRST BANK share price has hit a 52-week high at Rs 51 (up 7.8%).
Meanwhile, the BSE 500 Index is at 19,065 (up 1.8%).
Among the top gainers in the BSE 500 Index today are IDFC FIRST BANK (up 7.8%) and HINDUSTAN ZINC (up 13.1%).
CORPORATION BANK (down 3.9%) and ALEMBIC PHARMA (down 3.8%) are among the top losers today.
Over the last one year, IDFC FIRST BANK has moved up from Rs 45 to Rs 51, registering a gain of Rs 6 (up 11.67%).
The BSE 500 has moved up from 16,015 to 19,065, registering a gain of 3,050 points (up 18.9%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 424.7%), LAURUS LABS (up 346.5%) and VAIBHAV GLOBAL (up 189.9%).
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The BSE Sensex is at 49,500 (up 1.6%). The top gainers among the BSE Sensex stocks today are BAJAJ FINSERV (up 6.7%), BAJAJ FINANCE (up 5.2%) and HDFC (up 3.1%). Other gainers include SUN PHARMA (up 2.8%) and ICICI BANK (up 2.6%). The most traded stocks in the BSE Sensex are NTPC and SBI.
In the meantime, NSE Nifty is at 14,546 (up 1.7%). BAJAJ FINSERV (up 6.8%) and BAJAJ FINANCE (up 5.3%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,873 to 49,500, registering a gain of 7,627 points (up 17.9%).
IDFC FIRST BANK net profit declined 105.7% YoY to Rs 935 million for the quarter ended June 2020, compared to a loss of Rs 16 billion a year ago. Operating income declined 6.6% to Rs 38.3 billion during the period as against Rs 41.0 billion in April-June 2019.
For the year ended March 2020, IDFC FIRST BANK reported 51.2% increase in net profit to Rs 28.4 billion compared to net profit of Rs 18.8 billion during FY19.
Revenue of the company grew 33.1% to Rs 162 billion during FY20.
The current Price to earnings ratio of IDFC FIRST BANK, based on rolling 12 month earnings, stands at down 11.2x. 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%).
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