Bank of Baroda, Bank of India, Canara Bank and ICICI Bank are all down over 3.5% respectively.
PNB cracked 5.5% to Rs.82.90 on NSE. The Bank posted a net profit of Rs. 510.10 million for the quarter ended December 31, 2015 where as the same was at Rs. 7745.60 mn for the quarter ended December 31, 2014. The scrip opened at Rs. 86.1 and has touched a high and low of Rs. 86.45 and Rs. 82.45 respectively. So far 8281799(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 17250.2 crore.
Bank of Baroda, Bank of India, Canara Bank and ICICI Bank are all down over 3.5% respectively.
Allahabad Bank tumbled 10% to Rs.45.95 on NSE. The bank reported standalone net loss of Rs. 486.14 crore for the quarter ended December 31, 2015. The bank's Net Interest Income (NII) stood at Rs. 1,416.22 crore, registering decline of 12.65% yoy and 11.87% qoq.The bank has raised capital fund through Private Placement of Basel III compliant Tier 2 Bonds in the nature of Debentures aggregating upto Rs. 500/-crore in one or more tranches during FY 2015-16. The scrip opened at Rs. 48.4 and has touched a high and low of Rs. 49.05 and Rs. 45.4 respectively. So far 8068506(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3062.86 crore.
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