Monday 16 May 2016

Central Bank plunges 4%; Q4 net loss at Rs.8980.40mn

Total income decreased from Rs.73215 mn for the quarter ended March 31, 2015 to Rs.67118.80 mn for the quarter ended March 31, 2016.

Central Bank Ltd was lower by 4% at Rs. 74. The bank has posted a net loss of Rs.8980.40 mn for the quarter ended March 31, 2016 compared with a net profit of Rs.1742.90 mn for the quarter ended March 31, 2015.

Total income decreased from Rs.73215 mn for the quarter ended March 31, 2015 to Rs. 67118.80 mn for the quarter ended March 31, 2016.

The scrip opened at Rs. 76.7 and has touched a high and low of Rs. 76.7 and Rs. 74.5 respectively. So far 13906(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 13188.22 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.9 on 21-May-2015 and a 52 week low of Rs. 48.2 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs. 82.95 and Rs. 77 respectively.

The promoters holding in the company stood at 79.94 % while Institutions and Non-Institutions held 15.26 % and 4.8 % respectively.

The stock is currently trading above its 200 DMA.

1 comment: