SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Syndicate Bank tumbles on reports net loss of Rs 2158.17 crore in Q4

19 May 2016 Evaluate

Syndicate Bank is currently trading at Rs 66.60, down by 1.85 points or 2.70% from its previous closing of Rs 68.45 on the BSE.

The scrip opened at Rs. 67.00 and has touched a high and low of Rs. 68.80 and Rs. 66.60 respectively. So far 439542 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.20 on 29-May-2015 and a 52 week low of Rs. 49.40 on 17-Feb-2016.

Last one week high and low of the scrip stood at Rs. 71.45 and Rs. 60.60 respectively. The current market cap of the company is Rs. 5405.84 crore.

The promoters holding in the company stood at 65.17% while Institutions and Non-Institutions held 21.27% and 13.56% respectively.

Syndicate Bank has reported a net loss of Rs 2158.17 crore for the quarter ended March 31, 2016 as compared to net profit of Rs 416.92 crore for the same quarter in the previous year. Total income of the bank has decreased by 1.13% at Rs 6524.65 crore for quarter under review as compared to Rs 6599.13 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the bank has posted a net loss of Rs 1643.49 crore as compared to net profit of Rs 1522.93 crore for the same period in the previous year. However, total income of bank increased 8.35% at Rs 25706.51 crore for year under review as compared to Rs 23724.75 crore for the period ended March 31, 2015.

For the year ended March 31, 2016, on the consolidated basis, the bank has registered a net loss of Rs 1517.25 crore as compared to net profit of Rs 1664.08 crore for the same period in the previous year. However, total income of bank increased 8.24% at Rs 25831.40 crore for year under review as compared to Rs 23864.58 crore for the period ended March 31, 2015.

Synd.Bank-Amalgamat Share Price

23.40 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:

×