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JANA SMALL FINANCE BANK LTD. Plunges 8%; BSE BANKEX Index Down 1.3%
Fri, 25 Oct 12:26

JANA SMALL FINANCE BANK LTD. Plunges 8%; BSE BANKEX Index Down 1.3%Image source: DNY59/www.istockphoto.com

JANA SMALL FINANCE BANK LTD. share price has plunged 8% and is presently trading at Rs 423.0.

Meanwhile, the BSE BANKEX index is at 57,738.7 (down 1.3%).

Among the top losers in the BSE BANKEX index today are Indusind Bank (down 19.4%) and AU SMALL FINANCE BANK (down 5.5%).

Kotak Bank (up 0.4%) and Axis Bank (up 0.4%) 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 423.0, registering a gain of Rs 423.0 .

On the other hand, the BSE BANKEX index has moved up from 48,512.5 to 57,738.7, registering a gain of 19.0% 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 34.1%) and Federal Bank (up 29.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,343.6 (down 0.9%).

The top losers among the BSE Sensex today are Indusind Bank (down 19.4%) and M&M (down 4.6%). The most traded stocks in the BSE Sensex are Tata Steel and Indusind Bank.

In the meantime, NSE Nifty is at 24,101.5 (down 1.2%). Indusind Bank and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 79,343.6, registering a gain of 14,771.7 points (up 22.9%).

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 6.1.


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