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JANA SMALL FINANCE BANK LTD. Plunges 10%; BSE BANKEX Index Down 0.0%
Tue, 22 Oct 10:24

JANA SMALL FINANCE BANK LTD. Plunges 10%; BSE BANKEX Index Down 0.0%Image source: Chunumunu/www.istockphoto.com

JANA SMALL FINANCE BANK LTD. share price has plunged 10% and is presently trading at Rs 457.0.

Meanwhile, the BSE BANKEX index is at 59,087.8 .

Among the top losers in the BSE BANKEX index today are AU SMALL FINANCE BANK (down 1.8%) and Bank of Baroda (down 1.5%).

ICICI Bank (up 1.6%) and Axis Bank (up 0.1%) are among the top gainers today.

Over the last one year, JANA SMALL FINANCE BANK LTD. has moved up from Rs 0.0 to Rs 457.0, registering a gain of Rs 457.0 .

On the other hand, the BSE BANKEX index has moved up from 49,363.6 to 59,087.8, registering a gain of 19.7% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were SBI (up 41.4%), ICICI Bank (up 35.6%) and Federal Bank (up 31.1%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 81,011.0 (down 0.2%).

The top losers among the BSE Sensex today are Tata Motors (down 1.9%) and Tata Steel (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,719.8 (down 0.3%). Tata Motors and Tata Steel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,877.0 to 81,011.0, registering a gain of 15,134.0 points (up 23.0%).

JANA SMALL FINANCE BANK LTD. Financial Update...

JANA SMALL FINANCE BANK LTD. net profit fell {profitpercent} YoY to Rs 967 million for the quarter ended September 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 11,660 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, JANA SMALL FINANCE BANK LTD. reported 161.6% increase in net profit to Rs 6,695 million compared to net profit of Rs 2,560 million during FY23. Revenue of the company grew 30.5% to Rs 40,130 million during FY24.

The current Price to earnings ratio of JANA SMALL FINANCE BANK LTD., based on rolling 12 month earnings, stands at 6.6.


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