Canara Bank is trading higher by ~1%. The bank reported a 3.77% rise in PAT for Q3FY20.
The following are the key highlights:
The following are the key highlights:
- Total Business up by 5.19% yoy at Rs10,63,450cr
- Gross Deposits up by 8.64% yoy at Rs62,5240cr
- Gross Advances up by 0.64% yoy at Rs4,38,210cr
- Net Profit up by 3.77% to Rs330cr.
- Operating Profit stood at Rs2,334cr.
- Gross NPA down from 10.25% to 8.36%.
- Net NPA down from 6.37% to 5.05%.
- Provision Coverage Ratio improved from 62.54% to 70.97%.
- CRAR (Basel Ill) improved from 12.21% to 13.86%.
Stock View:
Canara Bank is currently trading at Rs220.60 up by Rs1.75 or 0.8% from its previous closing of Rs218.85 on the BSE.
Canara Bank is currently trading at Rs220.60 up by Rs1.75 or 0.8% from its previous closing of Rs218.85 on the BSE.
The scrip opened at Rs220 and has touched a high and low of
Rs226.65 and Rs218.85 respectively. So far 1,19,08,366 (NSE+BSE) shares
were traded on the counter. The current market cap of the company is
Rs22,546.66cr.
No comments:
Post a Comment