Dena Bank is currently trading at Rs. 57.90, down by 1.55 points or 2.61% from its previous closing of Rs. 59.45 on the BSE.
The scrip opened at Rs. 56.45 and has touched a high and low of Rs. 58.65 and Rs. 56.00 respectively. So far 458984 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 128.00 on 07-Jan-2013 and a 52 week low of Rs. 56 on 29-Jul-2013.
Last one week high and low of the scrip stood at Rs. 69.35 and Rs. 58.35 respectively. The current market cap of the company is Rs. 2040.84 crore.
The promoters holding in the company stood at 55.24% while Institutions and Non-Institutions held 24.58% and 20.18% respectively.
Dena Bank has reported results for first quarter ended June 30, 2013.
On standalone basis, the bank has posted a fall of 20.71% in its net profit at Rs 189.20 crore for the quarter ended June 30, 2013 as compared to Rs 238.63 crore for the same quarter in the previous year. However, total income has increased by 21.36% at Rs 2765.68 crore for quarter under review as compared to Rs 2278.85 crore for the quarter ended June 30, 2012.
Dena Bank was established in 1938 and was nationalized in July 1969. As on March 31, 2012, the bank has 1,342 branches and 543 ATMs with 57% branches in rural and semi-urban areas. More than half of the bank’s branches are in the states of Gujarat and Maharashtra.
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