Suryoday Small Finance Bank surges on reporting 56% rise in Q4 net profit
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Suryoday Small Finance Bank is currently trading at Rs. 208.00, up by 5.55 points or 2.74% from its previous closing of Rs. 202.45 on the BSE.
The scrip opened at Rs. 210.25 and has touched a high and low of Rs. 214.50 and Rs. 204.55 respectively. So far 110533 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 219.55 on 03-May-2024 and a 52 week low of Rs. 112.30 on 10-May-2023.
Last one week high and low of the scrip stood at Rs. 214.50 and Rs. 194.30 respectively. The current market cap of the company is Rs. 2204.20 crore.
The promoters holding in the company stood at 22.40%, while Institutions and Non-Institutions held 16.95% and 60.66% respectively.
Suryoday Small Finance Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The bank has reported 56.36% rise in its net profit at Rs 60.84 crore for the quarter under review as compared to Rs 38.91 crore for the same quarter in the previous year. Total income of the bank increased by 40.16% at Rs 509.36 crore for Q4FY24 as compared Rs 363.41 crore for the corresponding quarter previous year.
