Wednesday 27 April 2016

IDFC Bank plunges 5%;Q4 net profit falls 32%

The Net profit for the quarter stands at Rs. 165 crore 

IDFC Bank
IDFC Bank Ltd stock was lower by 5% at Rs.50.The Net profit for the quarter stands at Rs. 165 crore

The Operating Income at Rs. 554.5 crore with Non-Interest Income of Rs. 143 crore.

The scrip opened at Rs. 49.85 and has touched a high and low of Rs. 50.75 and Rs. 49.65 respectively. So far 2999228(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 17975.71 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.45 on 06-Nov-2015 and a 52 week low of Rs. 43.15 on 21-Jan-2016. Last one week high and low of the scrip stood at Rs. 55 and Rs. 51.8 respectively.

The promoters holding in the company stood at 52.95 % while Institutions and Non-Institutions held 37.5 % and 9.55 % respectively.

The stock is currently trading above its 100 DMA.

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