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Vijaya Bank gains on reporting 58% jump in Q1 net profit

24 Jul 2017 Evaluate

Vijaya Bank is currently trading at Rs. 73.75, up by 0.45 points or 0.61% from its previous closing of Rs. 73.30 on the BSE.

The scrip opened at Rs. 75.10 and has touched a high and low of Rs. 76.20 and Rs. 73.75 respectively. So far 381278 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.40 on 09-May-2017 and a 52 week low of Rs. 36.55 on 11-Aug-2016.

Last one week high and low of the scrip stood at Rs. 76.40 and Rs. 73.00 respectively. The current market cap of the company is Rs. 7441.40 crore.

The promoters holding in the company stood at 70.33%, while institutions and non-institutions held 17.93% and 11.74% respectively.

Vijaya Bank has reported 57.55% jump in its net profit at Rs 254.69 crore for the quarter under review as compared to Rs 161.66 crore for the same quarter in the previous year. Total income of the Bank increased by 6.53% at Rs 3510.11 crore for Q1FY18 as compared Rs 3295.05 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal improved marginally to 7.30%, as compared to 7.31% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 5.24% in Q1FY18.

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
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