Dena Bank is currently trading at Rs. 38.60, up by 1.55 points or 4.18% from its previous closing of Rs. 37.05 on the BSE.
The scrip opened at Rs. 39.50 and has touched a high and low of Rs. 39.80 and Rs. 38.50 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 43.90 on 07-Jul-2016 and a 52 week low of Rs. 27.75 on 28-Mar-2016.
Last one week high and low of the scrip stood at Rs. 39.80 and Rs. 36.50 respectively. The current market cap of the company is Rs. 3,046.27 crore.
The promoters holding in the company stood at 68.55%, while public held 31.45% in the Bank.
Government of India (GOI) has decided to infuse Rs 600 crore in Dena Bank as part of turnaround linked infusion plan. The Board approval for raising of capital of the Bank through Issue of Equity Shares to Government of India, LIC of India and GIC of India on preferential basis, is being obtained.
The Bank has reported a net profit of Rs 35.31 crore for third quarter ended December 31, 2016, as compared to net loss of Rs 662.85 crore for the same quarter in the previous year. Total income of the Bank increased by 10.19% at Rs 2999.51 crore for quarter under review as compared to Rs 2722.23 crore for the quarter ended December 31, 2015.