J&K BANK share price has plunged 6% and is presently trading at Rs 26.
Meanwhile, the BSE BANKEX Index is at 35,831 (down 4.3%).
Among the top losers in the BSE BANKEX Index today are J&K BANK (down 6.5%) and INDUSIND BANK (down 8.2%).
Over the last one year, J&K BANK has moved up from Rs 12 to Rs 26, registering a gain of Rs 14 (up 120.7%)..
The BSE BANKEX has moved up from 21,698 to 35,831, registering a gain of 14,133 points (up 65.1%) during the last 12 months.
The top buzzing stocks among the BSE BANKEX Index stocks during this same period were INDUSIND BANK (up 112.8%), SBI (up 79.3%) and FEDERAL BANK (up 77.3%).
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 48,957 (down 2.7%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 0.8%). The most traded stocks in the BSE Sensex are INFOSYS.
In the meantime, NSE Nifty is at 14,652 (down 2.9%). INFOSYS (up 0.4%) and CIPLA (up 0.1%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 29,894 to 48,957, registering a gain of 19,063 points (up 61.45%).
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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