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Hot-Pursuit06/02/2012  03:25 PM

Dena Bank spurts after good Q3 numbers

The result was announced during trading hours today, 6 February 2012.

Meanwhile, the BSE Sensex was up 91.56 points, or 0.52%, to 17,696.52.

On BSE, 34.07 lakh shares were traded in the counter as against an average daily volume of 3.78 lakh shares in the past one quarter.

The stock hit a high of Rs 80.65 and a low of Rs 74.35 so far during the day. The stock had hit a 52-week low of Rs 47.50 on 2 January 2012. The stock had hit a 52-week high of Rs 114 on 6 April 2011.

The stock had outperformed the market over the past one month until 3 February 2012, spurting 40.80% compared with the Sensexs 10.45% rise. The scrip had, however, underperformed the market in past one quarter, falling 8.87% as against 0.70% rise in the Sensex.

The mid-cap state-run bank has an equity capital of Rs 333.39 crore. Face value per share is Rs 10.

The banks ratio of net non-performing assets (NPAs) as on 31 December 2011 was at 1.10%, lower than 1.26% as on 31 December 2010.

The banks capital adequacy ratio as on 31 December 2011 was 11.58% as against 11.08% as on 31 December 2010.

The government held 58.01% in Dena Bank as on 31 December 2011.

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