Equitas Small Finance Bank jumps on reporting around 3-fold jump in Q2 net profit
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Equitas Small Finance Bank is currently trading at Rs. 50.45, up by 0.35 points or 0.70% from its previous closing of Rs. 50.10 on the BSE.
The scrip opened at Rs. 51.60 and has touched a high and low of Rs. 52.15 and Rs. 50.15 respectively. So far 148948 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.10 on 25-Nov-2021 and a 52 week low of Rs. 37.50 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 52.15 and Rs. 48.15 respectively. The current market cap of the company is Rs. 6313.05 crore.
The promoters holding in the company stood at 74.52%, while Institutions and Non-Institutions held 19.68% and 5.80% respectively
Equitas Small Finance Bank has reported results for second quarter ended September 30, 2022.
The bank has reported around 3-fold jump in its net profit at Rs 116.42 crore for Q2FY23 as compared to Rs 41.19 crore for the corresponding quarter previous year. Total income of the bank increased by 15.24 % to Rs 1,147.39 crore for the quarter under review as compared to Rs 995.69 crore for the same quarter in the previous year.
Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.
