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Suryoday Small Finance Bank shines on reporting over 6-fold jump in Q1 net profit
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Suryoday Small Finance Bank is currently trading at Rs. 186.25, up by 7.35 points or 4.11% from its previous closing of Rs. 178.90 on the BSE.
The scrip opened at Rs. 189.65 and has touched a high and low of Rs. 193.85 and Rs. 183.05 respectively. So far 81265 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 193.85 on 11-Aug-2023 and a 52 week low of Rs. 83.45 on 16-Aug-2022.
Last one week high and low of the scrip stood at Rs. 193.85 and Rs. 175.00 respectively. The current market cap of the company is Rs. 1966.11 crore.
The promoters holding in the company stood at 23.30%, while Institutions and Non-Institutions held 20.35% and 56.34% respectively.
Suryoday Small Finance Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).
The bank has reported over 6-fold jump in its net profit at Rs 47.60 crore for the quarter under review as compared to Rs 7.75 crore for the same quarter in the previous year. Total income of the bank increased by 38.88% at Rs 409.13 crore for Q1FY24 as compared Rs 294.60 crore for the corresponding quarter previous year.
