SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Andhra Bank rises on reporting over four-fold jump in Q3 net profit

30 Jan 2015 Evaluate

Andhra Bank is currently trading at Rs. 91.00, up by 0.85 points or 0.94 % from its previous closing of Rs. 90.15 on the BSE.

The scrip opened at Rs. 90.95 and has touched a high and low of Rs. 94.00 and Rs. 85.25 respectively. So far 2307581 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 110.00 on 05-Jun-2014 and a 52 week low of Rs. 53.50 on 14-Feb-2014.

Last one week high and low of the scrip stood at Rs. 93.30 and Rs. 89.50 respectively. The current market cap of the company is Rs. 5336.01 crore.

The promoters holding in the company stood at 60.14 % while Institutions and Non-Institutions held 23.84 % and 16.02 % respectively.

Andhra Bank has reported over four fold rise in its net profit at Rs 201.71 crore for the quarter ended December 31, 2014 as compared to Rs 45.57 crore for the same quarter in the previous year. Total income of the bank has increased by 16.41% at Rs 4540.61 crore for quarter under review as compared to Rs 3900.54 crore for the quarter ended December 31, 2013.

Gross non-performing assets (NPAs) increased to 5.99% in the October- December quarter as against 5.55% in the same quarter previous year, while net NPAs stood at 3.70%.

Andhra Bank-Amalgama Share Price

15.55 0.00 (0.00%)
19-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×