INDIAN BANK Share Price Up by 5%; BSE BANKEX Index Up 1.3%
Thu, 18 Mar 10:06 AM

INDIAN BANK share price has zoomed 5% and is presently trading at Rs 123.

Meanwhile, the BSE BANKEX Index is at 39,184 (up 1.3%).

Among the top Gainers in the BSE BANKEX Index today is INDIAN BANK (up 5.2%).

Over the last one year, INDIAN BANK has moved up from Rs 53 to Rs 123, registering a gain of Rs 70 (up 130.8%).

On the other hand, the BSE BANKEX has moved up from 26,474 to 39,184, registering a gain of 12,710 points (up 47.6%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 67.6%), INDUSIND BANK (up 54.9%) and HDFC BANK (up 51.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 50,296 (up 0.7%).

The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 2.5%), TATA STEEL (up 2.1%) and MARUTI SUZUKI (up 2.1%). Other gainers include M&M (up 1.9%) and INDUSIND BANK (up 1.8%). The most traded stocks in the BSE Sensex are ONGC and RELIANCE IND..

In the meantime, NSE Nifty is at 14,875 (up 0.7%). The top gainers in the NSE Nifty include HINDALCO (up 3.6%), TATA MOTORS (up 2.6%) and BAJAJ FINANCE (up 2.4%). Other gainers include TATA STEEL (up 2.3%) and MARUTI SUZUKI (up 2.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,390 to 50,296, registering a gain of 18,906 points (up 59.72%).

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 7.5x.



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

  

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