Thursday, 11 February 2016

J&K Bank Q3 net profit at Rs. 117.7 crore

The net NPA for the quarter stands at 2.6% as against 2.78% QoQ.


J&K Bank Ltd posted results for the thid quarter ended 31st December, 2015.

The net profit for the quarter was at Rs.117.7 crore.

The net NPA for the quarter stands at 2.6% as against 2.78% QoQ.

Jammu and Kashmir Bank Ltd is currently trading at Rs. 69.2, down by Rs. 0.85 or 1.21% from its previous closing of Rs. 70.05 on the BSE.

The scrip opened at Rs. 68.95 and has touched a high and low of Rs. 70 and Rs. 68.4 respectively. So far 178160(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3396.02 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 118.9 on 04-Mar-2015 and a 52 week low of Rs. 65.5 on 20-Jan-2016. Last one week high and low of the scrip stood at Rs. 73 and Rs. 68.15 respectively.

The promoters holding in the company stood at 53.17 % while Institutions and Non-Institutions held 29.86 % and 16.97 % respectively.

The stock is currently trading above its 200 DMA.

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