J&K Bank News; Centre Sets Aside ₹7,900 Cr Provision | MD & CEO Baldev Prakash | Business News

How J&K Bank Achieved NPA Reduction and Asset Quality Improvement

J&K Bank's NPA Reduction: The Secrets to Improved Asset Quality

Jammu and Kashmir Bank Ltd notched up volume of 487.37 lakh shares by 14:14 IST on NSE, a 9.39 fold spurt over two-week average daily volume of 51.91 lakh shares

Volumes spurt at Jammu and Kashmir Bank Ltd counter

GHCL Ltd, Nazara Technologies Ltd, Ramkrishna Forgings Ltd and Jammu and Kashmir Bank Ltd are among the other gainers in the BSE’s ‘A’ group today, 02 August 2024.

Zomato Ltd leads gainers in ‘A’ group

J&K Bank Surges: ₹7900 Cr Budget Allocation and Market Cap at ₹12,000 Cr

Companies including ACC, PNB Housing, Tata Steel, RVNL, Airtel, HPCL, Tata Consumer, GAIL more may remain under the spotlight before the opening bell on Tuesday, July 30.

Stocks in news: ACC, PNB Housing, Tata Steel, RVNL, Airtel, HPCL, J&K Bank and Indus Towers

News Par Views | J&K Bank's Strong Results: What's Driving NIM Growth?

J&K Bank on Saturday reported a 27 per cent rise in net profit to Rs 415 crore in the April-June quarter of 2024-25 compared to the year-ago period.

J&K profit rises 27 pc to Rs 415 cr in Apr-Jun quarter

Total Operating Income rise 12.69% to Rs 2994.36 crore

Jammu and Kashmir Bank consolidated net profit rises 26.34% in the June 2024 quarter

Finolex Industries, IEC Education, IFB Industries, J&K Bank, Jaiprakash Power, SBFC Finance, Vishal Fabrics, Spandana Sphoorty, Smruthi Organics, NTPC, Genus Power, Gujarat Cotex among others will also declare their June quarter results.

Q1 results today: ICICI Bank, Dr Reddy’s among 34 companies to announce earnings on Saturday

Hasn't fared well - amongst the low performers

Performance

Undervalued compared to the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The Jammu & Kashmir Bank Limited offers a range of products and services such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.