Dhanlaxmi Bank moves higher on the bourses

29 Nov 2011 Evaluate

Dhanlaxmi Bank is currently trading at Rs 56.30, up by 0.15 points or 0.27% from its previous closing of Rs 56.15 on the BSE.

The scrip opened at Rs 56.50 and has touched a high and low of Rs 56.50 and Rs 55.55 respectively. So far 20485 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 164.40 on 02-Dec-2010 and a 52 week low of Rs 53.20 on 25-Nov-2011.

Last one week high and low of the scrip stood at Rs 58.80 and Rs 53.20 respectively. The current market cap of the company is Rs 478.04 crore.

The Institutions and Non-Institutions held 37.05% and 62.95% stake in the company, respectively.

Dhanlaxmi Bank, one of India’s fastest growing mid-size private sector banks, has won the Best Mid-Sized Bank award in terms of growth, as per Business Today-KPMG’s Best Banks Survey of 2011.

The survey, which covered 63 scheduled commercial banks, was conducted on three broad parameters - growth, size and strength. The data used was based on published annual reports of these banks and Reserve Bank of India’s Profile of Banks, 2010/2011.

Under the growth category, Dhanlaxmi Bank was awarded for its surge in deposits, loans & advances, fee income, operating profit, absolute market share of deposits and current account savings account (CASA), three-year compound annual growth rate (CAGR) of total deposits, loans & advances, fee income and operating profit.

This is the second time in three years that Dhanlaxmi Bank has been recognized as the fastest growing mid-sized bank in India. The bank was awarded the Best Mid-Sized Bank under the growth category in 2009.

Dhanlaxmi Bank is an 84-year old bank, being incorporated in 1927 at Thrissur, Kerala. With a network of 275 branches and 460 ATMs covering 160 centers across 14 states, the bank services a broad customer base of 1.6 million. The bank provides a suite of banking products and services to its customers across Retail Banking, Wholesale Banking, Microfinance and Agricultural Lending and Small and Medium Enterprises Group.

Dhanlaxmi Bank Share Price

31.07 0.18 (0.58%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 1745.95
ICICI Bank 1278.20
Axis Bank 1143.00
Kotak Mahindra Bank 1762.70
Indusind Bank 998.25
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