Nifty Bank Index is an index comprised of the most liquid and large capitalised Indian Banking stocks. It provides investors and market intermediaries with a benchmark that captures the capital market performance of Indian Banks. The index has 12 stocks from the banking sector which trade on the National Stock Exchange.
In the table below you will find important data on Nifty Bank Companies Share prices, 52-week High and Low, PE ratio, etc. You will also get MoneyWorks4me's rating on Quality, Valuation, Price Trend and Overall Rating to assist you in taking informed stock investing decisions.Decizen:- Q: Quality, V: Valuation,PT: Price Trend
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Company Name (M.Cap) | DeciZen | CMP | Price Change |
Market Cap (Cr) |
52W High |
52W Low |
ROE | P/E | P/BV | EV/ EBITDA |
5Y Sales Gr(%) |
5Y Profit Gr(%) |
More Info |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Q
V
PT
|
578.6 | -1.68% | 5,25,213 | 629.6 15 Dec, 22 |
430.8 20 Jun, 22 |
18.05 | 10.46 | 1.75 | 9.21 | 14.11 | 0.00 |
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(L)
|
Q
V
PT
|
1,611 | 0.10% | 8,99,259 | 1,734 04 May, 23 |
1,272 17 Jun, 22 |
16.70 | 19.55 | 3.11 | 13.22 | 17.03 | 18.14 |
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|
Q
V
PT
|
1,872 | -0.77% | 3,74,745 | 2,063 31 May, 23 |
1,630 30 Jun, 22 |
12.68 | 34.26 | 4.52 | 25.91 | 15.66 | 18.33 |
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Q
V
PT
|
125.1 | -0.79% | 26,702 | 143.3 16 Jan, 23 |
84.00 20 Jun, 22 |
11.00 | 8.44 | 1.21 | 7.17 | 15.45 | 13.22 |
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(L)
|
Q
V
PT
|
184.9 | -1.33% | 96,911 | 197.2 09 Dec, 22 |
89.90 20 Jun, 22 |
8.93 | 6.87 | 1.05 | 5.42 | 19.27 | 18.57 |
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(L)
|
Q
V
PT
|
937.9 | 0.06% | 6,55,478 | 958.0 23 May, 23 |
670.4 17 Jun, 22 |
14.99 | 20.55 | 3.33 | 14.31 | 16.91 | 17.03 |
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Q
V
PT
|
1,331 | 2.12% | 1,01,138 | 1,324 08 Jun, 23 |
763.8 23 Jun, 22 |
10.20 | 13.69 | 1.86 | 9.26 | 19.86 | 4.42 |
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(L)
|
Q
V
PT
|
974.5 | 1.25% | 2,96,358 | 981.2 07 Jun, 23 |
618.1 23 Jun, 22 |
12.03 | 30.94 | 2.37 | 12.09 | 12.86 | 22.53 |
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|
Q
V
PT
|
51.37 | -1.19% | 57,246 | 62.05 15 Dec, 22 |
28.05 20 Jun, 22 |
4.18 | 17.10 | 0.61 | 2.14 | 13.92 | -8.85 |
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Q
V
PT
|
71.63 | -0.79% | 47,836 | 74.27 07 Jun, 23 |
28.95 22 Jun, 22 |
0.68 | 19.25 | 1.85 | 19.04 | 36.31 | -41.25 |
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(M)
|
Q
V
PT
|
256.6 | -1.36% | 41,906 | 335.5 10 Jun, 22 |
182.2 28 Mar, 23 |
0.72 | 19.09 | 2.14 | 8.02 | 29.38 | -40.14 |
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|
Q
V
PT
|
762.5 | 0.98% | 50,357 | 795.0 29 May, 23 |
538.8 15 Jul, 22 |
16.56 | 35.27 | 4.59 | 26.68 | 32.78 | 4.41 |
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NIFTY Bank or Bank NIFTY is an index focused solely on the banking sector. It comprises the most liquid Indian banking stocks and is the second most tracked index after the Nifty index.
The index is calculated using the free float weighted method and has twelve stocks from the banking sector. The NIFTY Bank Index has gained significance due to the high weightage of financials in the index.
The NIFTY Bank Index was launched in the year 2000. The base year is taken as January 1, 2000, and the base value is taken as 1000.
The purpose of the NIFTY Bank Index is to provide investors and market intermediaries a benchmark that captures the capital market performance of public-sector and private-sector Indian bank stocks.
Eligibility Criteria for Selection of Stocks in the Bank Nifty index:
12 banks, including both public and private-sector banks, are listed in the NIFTY Bank Index. Currently, these include:
You can invest in the Bank Nifty Index through the various listed ETF like BANKBEES, ICICI Prudential Nifty Bank ETF, etc. Currently, BANKBEES are the most popular option. There are index funds for Bank Nifty.
You can use different criterias to arrive at the list of best stocks in the Nifty Bank company index. You can use return ratios like ROCE or ROE, that will help you choose companies with profitable growth.
Based on ROE, the best stocks in the Nifty Bank companies index are:
Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | P/E | P/BV | EV/EBITDA | ROE |
---|---|---|---|---|---|---|---|
State Bank Of India. (L) | Very Good | 578.6 | 5,25,213 | 10.46 | 1.75 | 9.21 | 18.05 |
HDFC Bank Ltd. (L) | Very Good | 1,611 | 8,99,259 | 19.55 | 3.11 | 13.22 | 16.70 |
AU Small Finance Bank Ltd. (M) | Very Good | 762.5 | 50,357 | 35.27 | 4.59 | 26.68 | 16.56 |
ICICI Bank Ltd. (L) | Very Good | 937.9 | 6,55,478 | 20.55 | 3.33 | 14.31 | 14.99 |
Kotak Mahindra Bank Ltd. (L) | Very Good | 1,872 | 3,74,745 | 34.26 | 4.52 | 25.91 | 12.68 |
Based on the past year's gain, the best performing stocks are:
Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | Yearly gain (%) |
---|---|---|---|---|
IDFC First Bank Ltd. (M) | Somewhat Good | 71.63 | 47,836 | 108.7 |
Bank Of Baroda. (L) | Somewhat Good | 184.9 | 96,911 | 81.06 |
Punjab National Bank. (L) | Not Good | 51.37 | 57,246 | 66.63 |
Axis Bank Ltd. (L) | Very Good | 974.5 | 2,96,358 | 46.07 |
IndusInd Bank Ltd. (L) | Very Good | 1,331 | 1,01,138 | 42.61 |
View More |
To select the best stocks from the Nifty Bank, you can check factors like stock returns over different time frames, the Return on Equity, the Price to Earnings (P/E) ratio, Price to Book Value (P/BV) ratio, and the company’s profitability.
Companies that have performed well fundamentally are more likely to see their stock prices gain too.
Nifty Bank Stocks with the highest revenue growth in the past five years is :
Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | P/E | P/BV | EV/EBITDA | 5Y Sales Growth (%) |
---|---|---|---|---|---|---|---|
IDFC First Bank Ltd. (M) | Somewhat Good | 71.63 | 47,836 | 19.25 | 1.85 | 19.04 | 36.31 |
AU Small Finance Bank Ltd. (M) | Very Good | 762.5 | 50,357 | 35.27 | 4.59 | 26.68 | 32.78 |
Bandhan Bank Ltd. (M) | Very Good | 256.6 | 41,906 | 19.09 | 2.14 | 8.02 | 29.38 |
IndusInd Bank Ltd. (L) | Very Good | 1,331 | 1,01,138 | 13.69 | 1.86 | 9.26 | 19.86 |
Bank Of Baroda. (L) | Somewhat Good | 184.9 | 96,911 | 6.87 | 1.05 | 5.42 | 19.27 |
Companies with high profit growth often witness their stock prices gaining, irrespective of the market movements.
Nifty Bank companies that had the highest profit growth in the past five years is :
Company Name | Is it a Right Stock ? | CMP | Market Cap(Cr.) | P/E | P/BV | EV/EBITDA | 5Y Profit Growth (%) |
---|---|---|---|---|---|---|---|
Axis Bank Ltd. (L) | Very Good | 974.5 | 2,96,358 | 30.94 | 2.37 | 12.09 | 22.53 |
Bank Of Baroda. (L) | Somewhat Good | 184.9 | 96,911 | 6.87 | 1.05 | 5.42 | 18.57 |
Kotak Mahindra Bank Ltd. (L) | Very Good | 1,872 | 3,74,745 | 34.26 | 4.52 | 25.91 | 18.33 |
HDFC Bank Ltd. (L) | Very Good | 1,611 | 8,99,259 | 19.55 | 3.11 | 13.22 | 18.14 |
ICICI Bank Ltd. (L) | Very Good | 937.9 | 6,55,478 | 20.55 | 3.33 | 14.31 | 17.03 |