Dhanlaxmi Bank is currently trading at Rs. 34.70, up by 0.50 points or 1.46 % from its previous closing of Rs. 34.20 on the BSE.
The scrip opened at Rs. 34.90 and has touched a high and low of Rs. 35.45 and Rs. 34.40 respectively. So far 165125 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.35 on 11-Mar-2013 and a 52 week low of Rs. 24.20 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 35.80 and Rs. 28.00 respectively. The current market cap of the company is Rs. 438.25 crore.
The Institutions and Non-Institutions held 36.55 % and 63.45 % respectively.
Dhanlaxmi Bank is planning to mop-up capital of around Rs 233 crore through preferential allotment of shares to a group of individual investors. In this regard, the company will hold an Extraordinary General Meeting (EGM) on March 29, to take necessary approval from the share holders.
The Board of Directors of the Bank has already approved, on March 01, 2014, to offer, issue, and allot 5,96,50,000 equity shares (57.65 million) of Rs 10 each at a premium of Rs 29 per equity share.
Dhanlaxmi Bank has been struggling to raise capital in recent years and has been under close monitoring of the RBI due to its weak financial position.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: