Dhanlaxmi Bank (NSE:DHANBANK) Third Quarter 2024 ResultsKey Financial Results Revenue: ₹1.30b (flat on 3Q 2023). Net income: ₹30.5m (down 86% from 3Q 2023). Profit margin: 2.3% (down from 17% in 3Q 2023). NSEI:DHANBANK Earnings and Revenue History February 4th 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period Dhanlaxmi Bank’s share price is broadly unchanged from a week ago. Risk Analysis You should learn about the 1 warning sign we’ve spotted with Dhanlaxmi Bank. Valuation is complex, but we’re helping make it simple.Find out whether Dhanlaxmi Bank is potentially over or undervalued by checking out our comprehensive analysis, which includes…
Read More…
Category: Dhanlaxmi Bank
Dhanlaxmi Bank stock gains another 5%, up nearly 70% in last 10 sessions; here’s why
Shares of Dhanlaxmi Bank surged an additional 5% in today’s intraday trade, reaching ₹53.75 apiece, marking highest level since August 2014. In the last 10 trading sessions, the stock has witnessed a remarkable ascent, climbing from ₹30.30 apiece to ₹51.20, reflecting a stellar return of 69%.
In the current month so far, the stock has jumped by 75.37%. Despite this sharp runup, the shares are trading 75% below their all-time high of ₹212 apiece, touched in 2010.
This Bank’s 444-day FD Scheme Offering Up To 8% Interest Ends On January 31, Check Details
Fixed Deposits (FDs) have remained a preferred savings instrument for many investors for their secured nature and assured returns. If you’re considering FD investments, it’s important to compare the interest rates offered by different banks. State-owned Punjab and Sind Bank is offering up to 8% interest on one of its FD schemes.The special FD plan is going to close on January 31. If you are looking for higher returns than your savings account check details here.Punjab and Sind Bank’s ‘Dhanalakshmi 444 Days’ special FD scheme is nearing its end as only two days are left for the investors to get the benefits of this plan. The Dhanalakshmi special FD offers a 7.4 per cent interest…
Read More…
Rs 2.49 cr fines for Dhanlaxmi, P&S Bank, ESAF for compliance lapses
In a seismic regulatory development, the Reserve Bank of India has levied staggering penalties totalling Rs 2.49 crore on major players in the Indian banking sector — Dhanlaxmi Bank, Punjab and Sind Bank, and ESAF Small Finance Bank. These penalties underscore critical lapses in regulatory compliance and expose vulnerabilities that demand immediate attention.Dhanlaxmi Bank is hit with a hefty Rs 1.20 crore penalty for flouting directives on ‘loans and Advances,’ KYC, and interest rate norms. Punjab and Sind Bank face a colossal Rs 1 crore fine for non-compliance with ‘loans and advances’ directives, raising serious questions about the robustness of their operational framework….
Read More…
Dhanlaxmi Bank Limited's (NSE:DHANBANK) 18% gain last week benefited both individual investors who own 54% as well as insiders – Simply Wall St
Dhanlaxmi Bank Limited’s (NSE:DHANBANK) 18% gain last week benefited both individual investors who own 54% as well as insiders Simply Wall St
Read More…
Sanjiv Bhasin TOP picks: AU Small Finance Bank, ONGC and Dhanlaxmi Bank – check shares price targets
Sanjiv Bhasin Top Picks: The veteran market expert has recommended buying three stocks — AU Small Finance Small Bank, Oil and Natural Gas Corporation (ONGC) and Dhanlaxmi Bank. Share Price Target 2024 – check hereSanjiv Bhasin TOP picks: AU Small Finance Bank, ONGC and Dhanlaxmi Bank – check shares price targets (Pic: iStock/ET NOW News)Sanjiv Bhasin Top Picks: Veteran market expert Sanjiv Bhasin has recommended three stocks to ET NOW viewers that hold potential to delivery handsome return in the short-term. The three stocks on which he is bullish are: AU Small Finance Bank, Oil and Natural Gas Corporation (ONGC) and Dhanlaxmi Bank. AU Small Finance Bank Share Price Target 2024On AU…
Read More…
Ajith Kumar K K, Madhav Nair among names shortlisted for Dhanlaxmi Bank CEO post
Story continues below Advertisement
The race for the chief executive post of Thrissur-based Dhanlaxmi Bank is entering the last lap with five names shortlisted post interviews and sent to the Reserve Bank of India (RBI) for the regulator’s scrutiny.
Among the shortlisted candidates are Ajith Kumar K K, who is currently working as a senior executive at Federal Bank, and Madhav Nair, who is currently working as country head and CEO of Bank of Bahrain and Kuwait (BBK), according to two people familiar with the development. They spoke on the…
Read More…
Dhanlaxmi Bank surviving on a long rope
| Photo Credit:
BIJOY GHOSH
The first bank that will see a change in top leadership in 2024 is Dhanlaxmi Bank. On January 29, the current MD & CEO, JK Shivan, will conclude his three-year tenure. Given that his predecessors gave up on the role in less than a year, it’s quite appreciable that Shivan would have served his full term. Who will replace him isn’t known yet and, more importantly, what next for the bank once he’s gone is a question with no convincing answers. Apparently, five names have been shared with the Reserve Bank of India to be considered for the CEO’s role, but the regulator is yet to revert….
Read More…
97-Years-Old Private Bank Revises FD Rates For Promising Up To 7.25% Return – Goodreturns
97-Years-Old Private Bank Revises FD Rates For Promising Up To 7.25% Return Goodreturns
Read More…
LIC, Dhanlaxmi Bank, GR Infra, Sheela Foam: Stocks to watch on Tuesday ,Stocks News, Business News
Stocks to watch on Tuesday, January 2: At 8:09 am, GIFT Nifty traded 33.4 points, or 0.15 per cent lower, at 21,855.5, indicating a negative start for domestic equities today.Domestic benchmark indices
COMMERCIAL BREAKSCROLL TO CONTINUE READINGSensex and Nifty kicked off 2024 on a flat note, with the 30-share index closing with marginal gains following some buying in energy, services, and telecom counters.
In a highly volatile trade, BSE gauge eked out a modest gain of 31.68 points, or 0.04 per cent, to settle at 72,271.94 after a muted beginning. The Nifty 50 rose 10.50 points, or 0.05 per cent, to 21,741.90.
Here are some stocks that will be in focus on Tuesday, January 2:
GR…
Read More…