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Stock Report
Allahabad Bank Q1 net up 56.25% to Rs.200.39 Crores
Posted On : 2007-07-15 10:16:12( TIMEZONE : IST )
Allahabad Bank has announced the unaudited financial results for the quarter ended June 30, 2007. The Bank has posted a net profit of Rs 2003.963 million for the quarter ended June 30, 2007 as compared to Rs 1282.457 million for the quarter ended June 30, 2006.
Total Income has increased from Rs 10952.080 million for the quarter ended June 30, 2006 to Rs 15351.063 million for the quarter ended June 30, 2007.
The company has reported an Earnings Per Share (EPS) of Rs.4.49 in Q1 2007-2008 compared to Rs.2.87 in 2006-2007. The Capital Adequacy Ratio in Percent was at 12.71 during Q1 2006-207 against 12.24% during the same quarter last year.
The stock closed on Friday at Rs.91.70, up by Rs.2.90 or 3.27%. The total traded quantity was 664027 compared to 2 week average of 219045. The stock hit an intraday high of Rs.93.10 and low of Rs.89.
