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
Advances growth came in lower QoQ at 12.3% YoY at ~| 65027 crore, primarily led by moderation in disbursement outside J&K; state. Advances growth in J&K; continued to remain healthy at ~22% YoY Margins increased to 3.91% vs. 3.69% in Q2FY19 with strong NII growth of 13% YoY ahead of our estimates. Growth in other income came in healthy at 52% YoY to ~| 164 crore on the back of trading income, which supported topline. Therefore, PPP came in at | 425 crore, up 11% YoY and above our estimate of | 354 crore...
Jammu & Kashmir Bank Ltd. is trading below its 150 day SMA of 98.4
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