SURYODAY SMALL FINANCE BANK share price has zoomed 4% and is presently trading at Rs 197.7.
Meanwhile, the BSE BANKEX index is at 58,829.8 (down 0.1%).
Among the top gainers in the BSE BANKEX index today are HDFC Bank (up 1.9%) and Axis Bank (up 0.5%).
SBI (down 1.2%) and Bank of Baroda (down 1.1%) are among the top losers today.
Over the last one year, SURYODAY SMALL FINANCE BANK has moved up from Rs 187.1 to Rs 197.7, registering a gain of Rs 10.6 (up 5.6%).
On the other hand, the BSE BANKEX index has moved up from 51,432.4 to 58,829.8, registering a gain of 14.4% during the last 12 months.
The top gainers among the BSE BANKEX index stocks during this same period were Federal Bank (up 47.7%), SBI (up 39.1%) and Bank of Baroda (up 24.2%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 81,867.6 (up 0.2%).
The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.8%) and HDFC Bank (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Power Grid Corp..
In the meantime, NSE Nifty is at 25,006.0 (up 0.2%). Power Grid Corp. and Coal India are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,867.6, registering a gain of 15,339.9 points (up 23.1%).
SURYODAY SMALL FINANCE BANK net profit grew 56.4% YoY to Rs 608 million for the quarter ended March 2024, compared to a profit of Rs 389 million a year ago. Net sales rose 35.0% to Rs 4,447 million during the period as against Rs 3,294 million in January-March 2023.
For the year ended March 2023, SURYODAY SMALL FINANCE BANK reported 183.5% increase in net profit to Rs 777 million compared to net loss of Rs 930 million during FY22. Revenue of the company grew 25.7% to Rs 11,837 million during FY23.
The current Price to earnings ratio of SURYODAY SMALL FINANCE BANK, based on rolling 12 month earnings, stands at 9.7.
Equitymaster requests your view! Post a comment on "SURYODAY SMALL FINANCE BANK Gains 4%; BSE BANKEX Index Down 0.1%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!