Tuesday 9 February 2016

Punjab National Bank Q3 net profit at Rs.51 crore; Net NPA at 5.86%

Total Income is Rs. 138912.00 million for the quarter ended December 31, 2015 where as the same was at Rs. 129048.50 mn for the quarter ended December 31, 2014.


Punjab National Bank posted a net profit of Rs. 510.10 mn for the quarter ended December 31, 2015 where as the same was at Rs. 7745.60 million for the quarter ended December 31, 2014. Total Income is Rs. 138912.00 million for the quarter ended December 31, 2015 where as the same was at Rs. 129048.50 mn for the quarter ended December 31, 2014.

During the quarter, the Bank has recognised deferred tax assets amounting to Rs.1132.04 crore which was hitherto recognised as at the year-end, in accordance with the applicable Accounting Standards. 

The scrip opened at Rs. 95.3 and touched a high and low of Rs. 97.9 and Rs. 93.25 respectively. A total of 8546098(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 18526.54 crore.

The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 180.5 on 17-Aug-2015 and a 52 week low of Rs. 86.75 on 20-Jan-2016. Last one week high and low of the scrip stood at Rs. 97.9 and Rs. 87.1 respectively.

The promoters holding in the company stood at 62.08 % while Institutions and Non-Institutions held 32.27 % and 5.64 % respectively.

The stock traded above its 200 DMA.

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