RBL BANK share price has plunged 5% and is presently trading at Rs 217.
Meanwhile, the BSE BANKEX Index is at 37,646 (down 2.1%).
Among the top losers in the BSE BANKEX Index today is RBL BANK (down 5.0%).
Over the last one year, RBL BANK has moved up from Rs 141 to Rs 217, registering a gain of Rs 76 (up 53.5%)..
The BSE BANKEX has moved up from 19,355 to 37,646, registering a gain of 18,291 points (up 94.5%) during the last 12 months.
The top buzzing stocks among the BSE BANKEX Index stocks during this same period were INDUSIND BANK (up 177.5%), AXIS BANK (up 121.7%) and ICICI BANK (up 97.5%).
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In the meantime, NSE Nifty is at 14,576 (down 1.7%).
Over the last 12 months, the BSE Sensex has moved up from 25,981 to 49,248, registering a gain of 23,267 points (up 86.25%).
RBL BANK net profit stood at Rs 1 billion for the quarter ended March 2020, compared to a profit of Rs 700 million a year ago. Operating income rose 2.4% to Rs 22.1 billion during the period as against Rs 21.6 billion in January-March 2019.
For the year ended March 2019, RBL BANK reported 33.3% increase in net profit to Rs 8.6 billion compared to net profit of Rs 6.4 billion during FY18.
Revenue of the company grew 38.2% to Rs 63 billion during FY19.
The current Price to earnings ratio of RBL BANK, based on rolling 12 month earnings, stands at 17.3x.
What else is happening in the markets today? Dig in...
Share markets in India are presently trading on a negative note. The BSE Sensex is trading down by 779 points, down 1.6% at 48,401 levels.
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