Trending stocks: Dhanlaxmi Bank shares down over 2%

NEW DELHI: Shares of Dhanlaxmi Bank Ltd. traded 2.54 per cent down in Tuesday's trade at 11:02AM (IST). Around 301118 shares changed hands on the counter. The stock opened at Rs 16.3 and touched an intraday high and low of Rs 16.8 and Rs 15.53, respectively, in the session so far.

The stock quoted a 52-week high of Rs 21.2 and a 52-week low of Rs 7.15.

Financials

Dhanlaxmi Bank Ltd., incorporated in the year 1927, is a banking company (having a market cap of Rs 408.61 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 490.47 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 105.21 Crore (.00% of total assets).

Dhanlaxmi Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 634.03 Crore to Sales Value (65.26 % of Total Sales), Income From Investment which contributed Rs 308.83 Crore to Sales Value (31.78 % of Total Sales), Interest which contributed Rs 16.98 Crore to Sales Value (1.74 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 11.64 Crore to Sales Value (1.19 % of Total Sales)for the year ending 31-Mar-2019.


Valuation ratio
It quoted a price-to-earnings ratio of 4.4 and price to book value of 0.53.