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Dhanlaxmi Bank trades higher on the bourses

27 Feb 2019 Evaluate

Dhanlaxmi Bank is currently trading at Rs. 15.40, up by 1.40 points or 10.00 % from its previous closing of Rs. 14.00 on the BSE.

The scrip opened at Rs. 15.40 and has touched a high and low of Rs. 15.40 and Rs. 14.70 respectively. So far 2265908 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 25.95 on 08-Mar-2018 and a 52 week low of Rs. 10.80 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 14.60 and Rs. 13.25 respectively. The current market cap of the Bank is Rs. 389.64 crore.

The Institutions holding in the Bank stood at 14.69%, while Non-Institutions held 85.31%.

The Reserve Bank of India (RBI) has decided to take Dhanlaxmi Bank out of Prompt Corrective Action (PCA) Framework subject to certain conditions and continuous monitoring, as the bank is found to be not breaching any of the Risk Thresholds of the PCA Framework.

Dhanlaxmi Bank is engaged in providing a range of banking and financial services. The company's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.

Peers
Company Name CMP
HDFC Bank 736.00
ICICI Bank 1424.00
Axis Bank 1231.50
Kotak Mahindra Bank 459.00
Indusind Bank 862.10
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