Allahabad Bank trades high on the BSE

Allahabad Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532480 | NSE: ALBK

29 Feb 2016 Evaluate

Allahabad Bank is currently trading at Rs. 45.10, up by 1.05 points or 2.38% from its previous closing of Rs. 44.05 on the BSE.

The scrip opened at Rs. 44.30 and has touched a high and low of Rs. 45.40 and Rs. 44.10 respectively. So far 73083 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 115.90 on 04-Mar-2015 and a 52 week low of Rs. 39.50 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 45.40 and Rs. 42.50 respectively. The current market cap of the company is Rs. 2702.52 crore.

The promoters holding in the company stood at 62.73% while Institutions and Non-Institutions held 22.19% and 15.08% respectively.

Allahabad Bank, a Kolkata based bank, has opened its new branch at Kohima. With this, the bank now has six branches in the state of Nagaland. The bank is offering various benefits under financial inclusion plan of Government of India such as insurance coverage under PMSBY, PMJJBY and also pension scheme under APY for the mass people.The total business of Allahabad Bank in the state has crossed over Rs 580 crore as on December 31, 2015, with total number of branches under Dibrugarh Zone covering entire Upper Assam, Arunachal Pradesh and Nagaland increased to 40 with the opening of Kohima branch.

The bank has reported a net loss of Rs 486.14 crore for the quarter ended December 31, 2015 as compared to net profit of Rs 164.11 crore for the same quarter in the previous year. The bank’s total income has decreased by 6.62% to Rs 5030.19 crore for the quarter under review from Rs 5386.79 crore for the corresponding quarter of the previous year.

Allaha.Bank-Amalgama Share Price

15.15 0.00 (0.00%)

19-Mar-2020 18:01 View Price Chart

Peers

Company Name	CMP
State Bank Of India	1096.05
PNB	114.70
Bank Of Baroda	250.00
Canara Bank	131.50
Union Bank Of India	183.35
View more..

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