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Oriental Bank tumbles on reporting weak Q4 numbers

30 Apr 2012 Evaluate

Oriental Bank of Commerce (OBC) is currently trading at Rs. 227.85, down by 13.75 points or 5.69% from its previous closing of Rs. 241.60 on the BSE.

The scrip opened at Rs. 239.60 and has touched a high and low of Rs. 248.80 and Rs. 226.80 respectively. So far 2,31,777 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 378.00 on 26-Jul-2011 and a 52 week low of Rs. 190.10 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 262.85 and Rs. 226.80 respectively. The current market cap of the company is Rs. 7177.33 crore.

The promoters holding in the company stood at 58.00% while Institutions and Non-Institutions held 34.66% and 7.34% respectively.

Oriental Bank of Commerce has reported a fall of 20.61% in its fourth quarter net profit at Rs 264.90 crore as compared to Rs 333.66 crore during the same quarter previous year. Though, the bank’s total income rose 29.23% to Rs 4564.53 crore from Rs 3532.13 crore for the corresponding quarter last fiscal.

For the full year ended March 31, 2012, the bank has posted a drop of 24.04% in its net profit at Rs 1141.56 crore for the year ended March 31, 2012 as compared to Rs 1502.87 crore for the same period in the previous year. However, total income of the bank has jumped 30.71% at Rs 17055.13 crore for year under review as compared to Rs 13047.89 crore for the period ended March 31, 2011.

Oriental Bank-Amalga Share Price

45.65 0.00 (0.00%)
20-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
SBI 1019.55
PNB 107.20
Canara Bank 134.35
Bank Of Baroda 264.05
Union Bank Of India 166.15
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