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    Stock market news: Lakshmi Vilas Bank shares fall nearly 1%

    Synopsis

    Shares of Lakshmi Vilas Bank Ltd. traded 0.56 per cent down in trade at 11:45AM on Friday.

    Lakshmi Vilas Bank
    The stock quoted a 52-week high of Rs 83.35 and a 52-week low of Rs 10.4.
    NEW DELHI: Shares of Lakshmi Vilas Bank Ltd. traded 0.56 per cent down in Friday's trade at 11:45AM (IST). Around 115499 shares changed hands on the counter. The stock opened at Rs 17.95 and touched an intraday high and low of Rs 18.5 and Rs 17.55, respectively, in the session so far.

    The stock quoted a 52-week high of Rs 83.35 and a 52-week low of Rs 10.4.

    Financials
    Lakshmi Vilas Bank Ltd., incorporated in the year 1926, is a banking company (having a market cap of Rs 601.03 Crore).

    The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 4142.37 Crore and Net Non Performing Assets (Net NPAs) of Rs 1298.17 Crore.

    Lakshmi Vilas Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 1657.70 Crore to Sales Value (75.12 % of Total Sales), Income From Investment which contributed Rs 510.39 Crore to Sales Value (23.12 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 23.68 Crore to Sales Value (1.07 % of Total Sales) and Interest which contributed Rs 14.91 Crore to Sales Value (0.67 % of Total Sales)for the year ending 31-Mar-2020.

    Promoter holding
    Promoters held 6.8 per cent stake in the company as of quarter ended 31st Jun 2020.

    Valuation ratio
    It quoted a price-to-earnings ratio of -0.84 and price to book value of 0.35.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

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