Andhra Bank is currently trading at Rs. 62.50, up by 1.70 points or 2.80% from its previous closing of Rs 60.80 on the BSE.
The scrip opened at Rs 61.60 and has touched a high and low of Rs 62.70 and Rs 61.20 respectively. So far 118712 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 130.00 on 08-Jan-2013 and a 52 week low of Rs 47.30 on 03-Sep-2013.
Last one week high and low of the scrip stood at Rs 61.30 and Rs 58.10 respectively. The current market cap of the company is Rs 3679.20 crore.
The promoters holding in the company stood at 58.00% while Institutions and Non-Institutions held 22.97% and 19.02% respectively.
Public sector lender, Andhra Bank has inaugurated its first electronic banking zone at the Seetammadhara branch in Visakhapatnam to ensure hassle-free 24x7 banking transactions for its customers. The e-banking zone has a cash deposit machine that is operated using the ATM debit card. Once the customer punches in the PIN on a shielded keypad, a slot opens up to deposit up to 200 pieces of currency notes of Rs 50 and above denominations. The said facility rolled out under the bank’s Nav Shakthi programme. This type of facility would also be available at the Maharanipeta, Gajuwaka, and Steel Plant branches in a couple of weeks.
Andhra Bank has reported a fall of 78.30% in its net profit at Rs 70.65 crore for the quarter ended September 30, 2013 as compared to Rs 325.63 crore for the same quarter in the previous year. However, total income of the bank increased by 11.74% at Rs 3817.57 crore for quarter under review as compared to Rs 3416.55 crore for the quarter ended September 30, 2012.
| Company Name | CMP |
|---|---|
| SBI | 1064.45 |
| PNB | 110.75 |
| Canara Bank | 138.85 |
| Bank Of Baroda | 276.00 |
| Union Bank Of India | 185.00 |
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