Indian Bank shines on reporting 4% rise in Q1 net profit

24 Jul 2015 Evaluate

Indian Bank is currently trading at Rs. 139.05, up by 4.10 points or 3.04% from its previous closing of Rs. 134.95 on the BSE.

The scrip opened at Rs. 138.50 and has touched a high and low of Rs. 140.90 and Rs. 138.20 respectively. So far 11338 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 224.20 on 01-Jan-2015 and a 52 week low of Rs. 127.55 on 23-Jul-2015.

Last one week high and low of the scrip stood at Rs. 140.90 and Rs. 127.55 respectively. The current market cap of the company is Rs. 6724.08 crore.

The promoters holding in the company stood at 82.10% while Institutions and Non-Institutions held 14.63% and 3.26% respectively.

Indian Bank has reported 3.92% rise in its net profit at Rs 215.28 crore for the quarter as compared to Rs 207.16 crore for the same quarter in the previous year. Total income of the bank has increased by 8.46% at Rs 4494.54 crore for quarter under review as compared to Rs 4144.01 crore for the quarter ended June 30, 2014.

The bank’s gross NPA for the April-June quarter of the current fiscal increased to 4.65%, as compared to 4.01% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 2.62% in Q1FY16.

 

Indian Bank Share Price

512.20 -0.90 (-0.18%)
14-May-2024 16:01 View Price Chart
Peers
Company Name CMP
SBI 818.15
Bank Of Baroda 260.85
PNB 125.75
Canara Bank 566.25
Union Bank Of India 133.70
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