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JANA SMALL FINANCE BANK LTD. Plunges 5%; BSE BANKEX Index Up 0.2%
Tue, 23 Jul 11:14

JANA SMALL FINANCE BANK LTD. Plunges 5%; BSE BANKEX Index Up 0.2%Image source: Ivcandy/www.istockphoto.com

JANA SMALL FINANCE BANK LTD. share price has plunged 5% and is presently trading at Rs 657.9.

Meanwhile, the BSE BANKEX index is at 60,096.5 (up 0.2%).

Among the top losers in the BSE BANKEX index today are IDFC FIRST BANK (down 1.0%) and HDFC Bank (down 0.2%).

Federal Bank (up 3.0%) and Kotak Bank (up 0.6%) 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 657.9, registering a gain of Rs 657.9 .

On the other hand, the BSE BANKEX index has moved up from 51,492.9 to 60,096.5, registering a gain of 16.7% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were Federal Bank (up 46.5%), SBI (up 46.0%) and Axis Bank (up 33.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,641.1 (up 0.2%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.1%) and ITC (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,539.2 (up 0.1%). MUNDRA PORT & SEZ and ITC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,097.4 to 80,641.1, registering a gain of 13,543.6 points (up 20.2%).

JANA SMALL FINANCE BANK LTD. Financial Update...

JANA SMALL FINANCE BANK LTD. net profit fell {profitpercent} YoY to Rs 1,706 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 11,671 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.


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