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Oriental Bank accelerates on reporting 80% jump in Q2 net profit

25 Oct 2012 Evaluate

Oriental Bank of Commerce is currently trading at Rs 309.00, up by 15.30 points or 5.21% from its previous closing of Rs 293.70 on the BSE.

The scrip opened at Rs 295.00 and has touched a high and low of Rs 310.60 and Rs 287.50 respectively. So far 350225 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 324.00 on 22-Feb-2012 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 299.70 and Rs 277.20 respectively. The current market cap of the company is Rs 8903.09 crore.

The promoters holding in the company stood at 58.00% while Institutions and Non-Institutions held 34.92% and 7.08% respectively.

Private sector lender Oriental Bank of Commerce net profit for second quarter ended September 30, 2012 registereing growth of 80.15% stood at Rs 302.19 crore as compared to Rs 167.74 crore for the similar quarter of the previous year. Bank’s total Income has increased by 18.21% to Rs 4821.37 crore for the quarter under review against Rs 4078.48 crore for the corresponding quarter of the previous fiscal.

For the six months ended September 30, the bank has reported a net profit of Rs 693.61 crore, registering rise of 32.76 per cent increase over net profit of Rs 522.44 crore recorded in the same period last year.

Oriental Bank-Amalga Share Price

45.65 0.00 (0.00%)
20-Mar-2020 18:01 View Price Chart
Peers
Company Name CMP
State Bank Of India 1030.05
PNB 105.70
Bank Of Baroda 248.20
Canara Bank 126.45
Union Bank Of India 172.40
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