Vijaya Bank hits fresh 52-week high, extends gains for third straight day
NEW DELHI: Shares of Vijaya Bank extended their gains for the third consecutive session and hit a fresh 52-week high of Rs 70.25 in morning trade.
The scrip was trading 6.73 per cent up at Rs 68.20 around 11.05 am (IST). Shares of the bank opened at Rs 64 on Friday and touched a high and low of Rs 70.25 and Rs 64, respectively, in trade so far. Benchmark BSE Sensex was down 18.49 points, or 0.07 per cent, at 28,208.12.
Shares of the bank climbed around 20 per cent on Thursday after it reported a nearly four-fold jump in its net profit at Rs 230.28 crore for the third quarter ended December 31 despite rise in bad loans.
The bank had posted a net profit of Rs 52.61 crore in the October-December quarter of the 2015-16 fiscal.
On the BSE, 10.83 shares were traded in the counter so far, compared with average daily volume of 2.98 lakh shares in the past two weeks.
For the quarter ended December 31, 2016, net interest income of the bank stood at Rs 906.49 crore, up 22.88 per cent, against Rs 737.70 crore in the same quarter last year.
The scrip was trading 6.73 per cent up at Rs 68.20 around 11.05 am (IST). Shares of the bank opened at Rs 64 on Friday and touched a high and low of Rs 70.25 and Rs 64, respectively, in trade so far. Benchmark BSE Sensex was down 18.49 points, or 0.07 per cent, at 28,208.12.
Shares of the bank climbed around 20 per cent on Thursday after it reported a nearly four-fold jump in its net profit at Rs 230.28 crore for the third quarter ended December 31 despite rise in bad loans.
The bank had posted a net profit of Rs 52.61 crore in the October-December quarter of the 2015-16 fiscal.
On the BSE, 10.83 shares were traded in the counter so far, compared with average daily volume of 2.98 lakh shares in the past two weeks.
For the quarter ended December 31, 2016, net interest income of the bank stood at Rs 906.49 crore, up 22.88 per cent, against Rs 737.70 crore in the same quarter last year.
