IDBI Bank slips on reporting internet lack of Rs 4185 crore in Q3

IDBI Bank slips on reporting internet lack of Rs 4185 crore in Q3

by admin- Tuesday, February 5th, 2019 04:29:33 PM

IDBI Bank is presently buying and selling at Rs. 49.15, down by way of 1.50 factors or 2.96% from its preceding ultimate of Rs. 50.Sixty five at the BSE.

The scrip opened at Rs. Forty nine.60 and has touched a excessive and low of Rs. 50.00 and Rs. 48.Forty respectively. So far 108824 stocks were traded on the counter.

The BSE organization ‘A’ stock of face cost Rs. 10 has touched a 52 week high of Rs. 89.80 on 05-Mar-2018 and a 52 week low of Rs. 47.00 on 05-Jul-2018.

Last one week excessive and coffee of the scrip stood at Rs. 56.70 and Rs. Forty eight.Forty respectively. The modern market cap of the organization is Rs. 39184.33 crore.

The promoters conserving in the business enterprise stood at 52.02%, while Institutions and Non-Institutions held 45.40% and a couple of.58% respectively.

IDBI Bank has pronounced a net lack of Rs 4185.Forty eight crore for the region ended December 31, 2018 as compared to the net loss of Rs 1524.31 crore for the equal area in the previous 12 months. Total earnings of the Bank reduced through 13.10% at Rs 6191.Ninety four crore for Q3FY19 compared Rs 7125.20 crore for the corresponding region preceding year.

The Bank’s gross NPA for the October-December region of the present day financial expanded to 29.Sixty seven%, as compared to 24.Seventy two% in the identical zone of the previous yr. Besides, Bank’s Net NPA stood at 14.01% in Q3FY19.

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