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Nifty Bank

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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.

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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

Nifty Bank companies as on Jan-2023 |
 5 Star Rated Stocks Undervalued Stocks Fair Valued Stocks Uptrend Stocks
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
538.4 -0.34% 4,82,108 629.6
15 Dec, 22
425.0
08 Mar, 22
13.01 13.07 1.71 - 14.31 21.97
Q V PT
1,614 -0.10% 9,01,288 1,722
04 Apr, 22
1,272
17 Jun, 22
16.70 20.56 3.28 - 17.03 18.14
Q V+ PT
1,726 0.71% 3,40,415 1,997
18 Nov, 22
1,630
30 Jun, 22
12.68 33.34 4.29 - 15.66 18.33
Q V PT
133.0 0.72% 27,931 143.3
16 Jan, 23
82.50
26 May, 22
11.00 9.98 1.32 - 15.45 13.22
Q V PT
158.5 0.76% 81,346 197.2
09 Dec, 22
89.90
20 Jun, 22
8.93 8.60 0.89 - 19.27 18.57
Q V PT
823.2 0.69% 5,70,509 958.0
30 Nov, 22
642.0
07 Mar, 22
14.99 19.15 3.04 - 16.91 17.03
Q V PT
1,088 -2.56% 86,624 1,275
20 Sep, 22
763.8
23 Jun, 22
10.20 12.91 1.66 - 19.86 4.42
Q V PT
871.7 -0.18% 2,68,576 970.5
04 Jan, 23
618.1
23 Jun, 22
12.03 13.83 2.06 - 12.86 22.53
Q V PT
50.70 -0.20% 55,936 62.05
15 Dec, 22
28.05
20 Jun, 22
4.18 23.66 0.60 - 13.92 -8.85
Q V PT
56.45 1.35% 34,749 64.30
15 Dec, 22
28.95
22 Jun, 22
0.68 17.19 1.53 - 36.31 -41.25
Q V PT
241.8 0.67% 38,684 349.5
17 May, 22
209.4
22 Nov, 22
0.72 11.76 2.06 - 29.38 -40.14
Q V PT
607.5 0.48% 40,300 732.9
21 Apr, 22
524.8
08 Mar, 22
49.96 24.90 0.00 - 0.00 0.00

News about Nifty Bank

HDFC Bank informs about granting of options under ESOS

Pursuant to the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, HDFC Bank has informed that the Nomination and Remuneration Committee of the Bank has on January 24, 2023 granted 52,700 equity stock options of the face value of Re 1 (‘options’) each at the grant price of Rs 1,673.10 in terms of the ESOP Master Scheme ESOS - Plan G-2016. The grant shall be subject to the necessary regulatory approvals as may be required. Vesting of the options shall happen in four stages as under, 25% of the options granted (rounded off to the nearest 100) shall vest on completion of twelve months from the date of grant on January 24, 2024, 25% of the options granted (rounded off to the nearest 100) shall vest on completion of twenty-four months from the date of grant on January 24, 2025, 25% of the options granted (rounded off to the nearest 100) shall vest on completion of thirty-six months from the date of grant on January 24, 2026 and Balance units shall vest on completion of forty-eight months from the date of grant on January 24, 2027. The vested options need to be exercised within a period of four years from the respective dates of their vesting, failing which, they shall lapse forthwith. The options have been granted under the Scheme titled ‘ESOS 43’ in terms of SEBI Regulations as amended from time to time.

The above information is a part of company’s filings submitted to BSE.

25 Jan, 2023

Nifty Bank Companies

FAQs

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:

  1. Companies should form part of NIFTY 500 at the time of review.
  2. Companies should form a part of the Banking sector.
  3. The company's trading frequency should be at least 90% in the last six months.
  4. The company should have a listing history of 6 months.
  5. Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index.
  6. Final selection of 12 companies shall be done based on the free-float market capitalization of the companies.
  7. Weightage of each stock in the index is calculated based on its free-float market capitalization such that no single stock shall be more than 33% and weightage of top 3 stocks cumulatively shall not be more than 62% at the time of rebalancing

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
AU Small Finance Bank Ltd. (L) Somewhat Good 607.5 40,300 24.90 0.00 0.00 49.96
HDFC Bank Ltd. (L) Very Good 1,614 9,01,288 20.56 3.28 0.00 16.70
ICICI Bank Ltd. (L) Very Good 823.2 5,70,509 19.15 3.04 0.00 14.99
State Bank Of India. (L) Very Good 538.4 4,82,108 13.07 1.71 0.00 13.01
Kotak Mahindra Bank Ltd. (L) Very Good 1,726 3,40,415 33.34 4.29 0.00 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 (%)
Bank Of Baroda. (L) Somewhat Good 158.5 81,346 51.98
The Federal Bank Ltd. (L) Somewhat Good 133.0 27,931 32.05
IndusInd Bank Ltd. (L) Very Good 1,088 86,624 25.71
Punjab National Bank. (L) Not Good 50.70 55,936 23.60
IDFC First Bank Ltd. (L) Somewhat Good 56.45 34,749 21.35
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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. (L) Somewhat Good 56.45 34,749 17.19 1.53 0.00 36.31
Bandhan Bank Ltd. (L) Very Good 241.8 38,684 11.76 2.06 0.00 29.38
IndusInd Bank Ltd. (L) Very Good 1,088 86,624 12.91 1.66 0.00 19.86
Bank Of Baroda. (L) Somewhat Good 158.5 81,346 8.60 0.89 0.00 19.27
HDFC Bank Ltd. (L) Very Good 1,614 9,01,288 20.56 3.28 0.00 17.03

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 871.7 2,68,576 13.83 2.06 0.00 22.53
State Bank Of India. (L) Very Good 538.4 4,82,108 13.07 1.71 0.00 21.97
Bank Of Baroda. (L) Somewhat Good 158.5 81,346 8.60 0.89 0.00 18.57
Kotak Mahindra Bank Ltd. (L) Very Good 1,726 3,40,415 33.34 4.29 0.00 18.33
HDFC Bank Ltd. (L) Very Good 1,614 9,01,288 20.56 3.28 0.00 18.14

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