J&K BANK Share Price Up by 6%; BSE BANKEX Index Down 0.6%
Tue, 12 Jan 10:30 AM

J&K BANK share price has zoomed 6% and is presently trading at Rs 27.

Meanwhile, the BSE BANKEX Index is at 36,410 (down 0.6%).

Among the top Gainers in the BSE BANKEX Index today is J&K BANK (up 5.9%).

SBI (down 0.1%) and AXIS BANK (down 0.2%) are among the top losers today.

Over the last one year, J&K BANK has moved down from Rs 29 to Rs 27, registering a loss of Rs 2 (down 7.9%).

On the other hand, the BSE BANKEX has moved up from 35,773 to 36,410, registering a gain of 637 points (up 1.5%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were HDFC BANK (up 16.1%), KOTAK MAHINDRA BANK (up 15.4%) and ICICI BANK (up 2.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,267 (down 0.3%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 2.1%), BHARTI AIRTEL (up 1.7%) and ONGC (up 1.3%). Other gainers include RELIANCE IND. (up 1.0%) and HDFC BANK (up 0.6%). The most traded stocks in the BSE Sensex are ONGC and TATA STEEL.

In the meantime, NSE Nifty is at 14,500 (down 0.2%). The top gainers in the NSE Nifty include TATA MOTORS (up 7.2%), GAIL (up 4.0%) and EICHER MOTOR (up 3.5%). Other gainers include IOC (up 2.8%) and TATA STEEL (up 2.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,818 to 49,267, registering a gain of 8,449 points (up 20.36%).

J&K BANK Financial Update...

J&K BANK net profit down at Rs 3 billion for the quarter ended March 2020, compared to a loss of Rs 496 million a year ago. Operating income rose 4.3% to Rs 21.6 billion during the period as against Rs 20.7 billion in January-March 2019.

For the year ended March 2018, J&K BANK reported 112.4% decrease in net profit to Rs 2.0 billion compared to net profit of Rs 16.3 billion during FY17.

Revenue of the company grew 1.0% to Rs 66 billion during FY18.

The current Price to earnings ratio of J&K BANK, based on rolling 12 month earnings, stands at down 0.1x.



What else is happening in the markets today? Dig in...

  

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Jan 12, 2021 11:34 AM

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Jan 12, 2021 11:30 AM

FORCE MOTORS share price is trading up by 6% and its current market price is Rs 1,457. The BSE AUTO is up by 2.4%. The top gainers in the BSE AUTO Index are FORCE MOTORS (up 5.6%) and BOSCH (up 6.6%). The top losers is M&M (down 0.2%).

Jan 12, 2021 11:04 AM

TATA MOTORS share price is trading up by 12% and its current market price is Rs 248. The BSE AUTO is up by 2.3%. The top gainers in the BSE AUTO Index is TATA MOTORS (up 12.4%). The top losers are MARUTI SUZUKI and M&M (down 0.1%).

Jan 12, 2021 10:54 AM

BAJAJ AUTO share price has hit an all time high at Rs 3,631 (up 0.4%). The BSE AUTO Index is up by 2.1%. Among the top gainers in the BSE AUTO Index today are BAJAJ AUTO (up 0.4%) and MRF (up 3.2%).

Jan 12, 2021 10:52 AM

EICHER MOTOR share price is trading up by 5% and its current market price is Rs 2,928. The BSE AUTO is up by 2.1%. The top gainers in the BSE AUTO Index are EICHER MOTOR (up 5.0%) and TATA MOTORS (up 9.5%). The top losers is MARUTI SUZUKI.

Jan 12, 2021 09:30 am

Asian share markets are trading on a mixed note today tracking a weak finish on Wall Street. The Nikkei is trading down by 0.1%.

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