02-09-2023 11:28 AM | Source: Accord Fintech
Equitas Small Finance Bank trades in green on reporting 57% rise in Q3 net profit
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Equitas Small Finance Bank is currently trading at Rs. 56.90, up by 1.10 points or 1.97% from its previous closing of Rs. 55.80 on the BSE.

The scrip opened at Rs. 58.00 and has touched a high and low of Rs. 58.55 and Rs. 55.65 respectively. So far 631172 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 63.90 on 04-Jan-2023 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. 58.55 and Rs. 53.10 respectively. The current market cap of the company is Rs. 11917.93 crore.

The promoters holding in the company stood at 74.48%, while Institutions and Non-Institutions held 19.42% and 6.10% respectively.

Equitas Small Finance Bank has reported rise of 57.37% in its net profit at Rs 170.13 crore for third quarter ended December 31, 2022 as compared to Rs 108.11 crore for the corresponding quarter previous year. Total income of the bank increased by 17.49% to Rs 1216.03 crore for the quarter under review as compared to Rs 1035.01 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.