Jammu & Kashmir Bank Ltd.

NSE: J&KBANK | BSE: 532209 | ISIN: INE168A01041 | Industry: Banks
| Strong Performer, Under Radar
98.2400 5.09 (5.46%)
NSE Apr 16, 2025 15:31 PM
Volume: 5.1M
 

98.24
5.46%
ICICI Securities Limited
Bottomline came in at | 30 crore compared to our estimate of loss, primarily led by lower-than-expected provision at | 278.7 crore Asset quality improved sequentially with ~41 bps QoQ decline in GNPA ratio at 10.79%. The bank reported a one-time gain of | 238 crore owing to DTA, which was utilised to shore up provision coverage ratio (PCR). Therefore, PCR has improved ~3% QoQ at 70.26% including floating provision of | 349 crore. Restructured assets were at | 6415 crore vs. | 6382 crore in Q4FY17...
Jammu & Kashmir Bank Ltd.'s price crossed above 50Day SMA today
More from Jammu & Kashmir Bank Ltd.
Recommended