SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Andhra Bank rises on reporting 6% growth in FY12 consolidated net profit

06 Jun 2012 Evaluate

Andhra Bank is currently trading at Rs. 110.50, up by 2.05 points or 1.89% from its previous closing of Rs. 108.45 on the BSE.

The scrip opened at Rs. 109.70 and has touched a high and low of Rs. 110.75 and Rs. 109.55 respectively. So far 14,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 147.00 on 14-Jun-2011 and a 52 week low of Rs. 79.00 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs. 110.75 and Rs. 103.25 respectively. The current market cap of the company is Rs. 6,183 crore.

The promoters holding in the company stood at 58.00% while Institutions and Non-Institutions held 28.71% and 13.2% respectively.

The Group’s net profit for the year ended March 31, 2012 grew by 6.08% at Rs 1331.18 crore as compared to Rs 1254.83 crore for the year ended March 31, 2011. Total Income of the group has increased by 33.44% to Rs 12613.56 crore for the year as compared to Rs 9452.63 crore for the previous year.

Hyderabad-based Andhra Bank’s net profit for the quarter ended March 31, 2012 increased by 8.59% at Rs 339.67 crore as compared to Rs 312.78 crore for the similar quarter of previous fiscal. Bank’s total income has registered a growth of 21.27% in its Q4FY12 to Rs 3228.90 crore as compared to Rs 2662.48 crore for Q4FY11.

For the 2011-12 fiscal, the bank reported a profit of Rs 1344.67 crore, up by 6.12% over the previous year’s net profit of Rs 1267.07 crore. The bank’s total income has increased by 32.76% to Rs 12198.66 crore for the year ended March 31, 2012 from Rs 9188.23 crore for the previous year.

Andhra Bank-Amalgama Share Price

15.55 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:

×