INDIAN BANK Share Price Up by 5%; BSE BANKEX Index Up 1.0%
Tue, 16 Feb 09:36 AM

INDIAN BANK share price has zoomed 5% and is presently trading at Rs 133.

Meanwhile, the BSE BANKEX Index is at 42,655 (up 1.0%).

Among the top Gainers in the BSE BANKEX Index today is INDIAN BANK (up 5.4%).

ICICI BANK (down 0.2%) and YES BANK (down 0.6%) are among the top losers today.

Over the last one year, INDIAN BANK has moved up from Rs 90 to Rs 133, registering a gain of Rs 44 (up 47.8%).

On the other hand, the BSE BANKEX has moved up from 36,094 to 42,655, registering a gain of 6,561 points (up 18.0%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were HDFC BANK (up 31.0%), SBI (up 29.7%) and ICICI BANK (up 22.5%).

Discover Now: One Stock for Potentially Life-changing Gains

What About the Benchmark Indices?

The BSE Sensex is at 52,517 (up 0.6%).

The top gainers among the BSE Sensex stocks today are ONGC (up 4.6%), TATA STEEL (up 3.4%) and KOTAK MAHINDRA BANK (up 3.1%). Other gainers include INDUSIND BANK (up 2.8%) and POWER GRID (up 2.1%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 15,432 (up 0.7%). The top gainers in the NSE Nifty include HINDALCO (up 4.7%), TATA STEEL (up 4.5%) and ONGC (up 4.4%). Other gainers include JSW STEEL (up 4.2%) and KOTAK MAHINDRA BANK (up 2.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,566 to 52,517, registering a gain of 10,951 points (up 26.21%).

INDIAN BANK Financial Update...

INDIAN BANK net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Operating income rose 13.3% to Rs 54.7 billion during the period as against Rs 48.2 billion in October-December 2018.

For the year ended March 2019, INDIAN BANK reported 71.0% decrease in net profit to Rs 3.8 billion compared to net profit of Rs 13.1 billion during FY18.

Revenue of the company grew 12.1% to Rs 192 billion during FY19.

The current Price to earnings ratio of INDIAN BANK, based on rolling 12 month earnings, stands at 8.2x.



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

  

Stock Market Updates

Feb 16, 2021 11:12 AM

POWER GRID share price has hit a 52-week high. It is presently trading at Rs 220. BSE 500 Index is up by 0.6% at 20,231. Within the BSE 500, POWER GRID (up 3.1%) and BANK OF MAHARASHTRA (up 20.0%) are among the top gainers, while top losers are INOX WIND and PC JEWELLER.

Feb 16, 2021 11:12 AM

PC JEWELLER share price is trading down by 5% and its current market price is Rs 32. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are BANK OF MAHARASHTRA (up 20.0%) and INDIAN OVERSEAS BANK (up 13.6%). The top losers are PC JEWELLER (down 5.0%) and INOX WIND (down 5.8%).

Feb 16, 2021 11:08 AM

ONGC share price is trading up by 5% and its current market price is Rs 104. The BSE OIL & GAS is up by 1.8%. The top gainers in the BSE OIL & GAS Index is ONGC (up 5.4%). The top losers are BPCL (down 0.1%) and CASTROL INDIA (down 0.7%).

Feb 16, 2021 11:08 AM

INOX WIND share price is trading down by 6% and its current market price is Rs 74. The BSE CAPITAL GOODS is up by 1.3%. The top gainers in the BSE CAPITAL GOODS Index are KALPATARU POWER (up 3.7%) and GRAPHITE INDIA (up 3.2%). The top losers is INOX WIND (down 6.3%).

Feb 16, 2021 10:33 AM

TATA STEEL share price is trading up by 5% and its current market price is Rs 706. The BSE METAL is up by 4.1%. The top gainers in the BSE METAL Index are TATA STEEL (up 5.0%) and JINDAL STEEL & POWER (up 7.4%).

Feb 16, 2021 09:30 am

Asian share markets advanced today as optimism about the global economic recovery and expectations of low interest rates drove investments into riskier assets.

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