Like our Facebook Page

Early Times Newspaper Jammu, Leading Newspaper Jammu
Breaking News :   Late rifleman Amit Singh’s last conversation with uncle open’s Pandora’s box | MP Jugal Kishore writes to Rajnath Singh, seeks CBI probe | Decks cleared for giving representation to marginalized communities in J&K | Recognize, internalize values espoused by Baba Jitto: LG Sinha to youth | Terror funding case: NIA raids 8 places in J&K | NIA files chargesheet against suspected ISKP operatives | Defeat in assembly polls Cong’s failure, not INDIA alliance: Omar | Factionalism likely to intensify in Cong, some leaders ‘boycott” PCC meeting | No infiltration along IB in Jammu in past year: BSF Officer | Lt Governor participates in ‘Viksit Bharat Sankalp Yatra’ at Flora Nagbani Panchayat | Dulloo asks for upgradation of Roads to new tourist destinations | DGP sanctions special welfare relief of Rupees 88 lakh | BJP committed to social justice, equitable socio-economic development: Kavinder | Four killed, two critically injured as Sumo falls into deep gorge in JK | Commissioner secretary chairs RDD’s workshop on panchayat development index | Saurabh Bhagat addresses business opportunity seminar for rooftop solar power plants | Accused absconding since one year arrested by Satwari police | Theft case solved, cash Rs 3,16,000 and stolen items recovered by PS Gangyal | Missing lady reunited with her family by Khour police | Missing girl reunited with her family by PP Chinore | Year of zero infiltration | DDC member, Rising Athletes Organisation of J&K delegation call on Lt Governor | Hajj Committee of India invites online application for Hajj-2024 | 4 killed, 2 injured after vehicle skids off road on Zojila Pass | DB directives in PIL regarding preservation of Sonamarg | DB appoints commission in PIL regarding inadequate menstrual hygiene facilities | Ritika mocks opposition for blaming EVMs for defeat in Assembly polls | KVK celebrates World Soil Day | Police nabs most wanted heroin supplier, "Kala" | IGNOU opens online portal for re-registration for January 2024 session | SKUAST-Jammu holds 24th academic council meeting | FOIJ commends administration's decision for MSME growth in JKUT | Youth Services and Sports Department hosts Athletics Meet | Cluster University of Jammu organizes plant donation drive | Govt SPMR College of Commerce organizes Rangoli Making Competition | Back Issues  
news details
J&K Bank share-price rises to 52-week high
11/21/2022 10:49:38 PM
Early Times Report

Srinagar, Nov 21: In a significant spike today J&K Bank share touched its 52 week-high price at Rs 45.45 on NSE & BSE. The scrip eventually settled at Rs 44.25 on BSE and Rs 44.20 on NSE registering over 5% growth while witnessing total trading of over 30 million shares during the day. Notably, the share has registered a return in excess of 40% since the declaration of Sep’2022 quarterly / half-yearly results outperforming the sectoral and broader indices.
Celebrating the price-rise at the Bank’s corporate headquarters, MD & CEO Baldev Prakash called it a big moment for the Bank and thanked all the stakeholders especially governments of twin UTs (J&K and Ladakh) for their continued support, Bank’s Board of Directors for their valued guidance and above all Bank’s valuable customers and clients for their unflinching trust and loyalty.
All the Bank’s Vertical Heads, Divisional Heads, GMs, DGMs, Zonal Heads, Cluster Heads attended the brief celebratory function through video-conferencing on the occasion.
While addressing the Bank’s staff on the occasion, MD & CEO said, “Our share has touched the 52-week high price with Bank’s market capitalization crossing the milestone of Rs 4000 Crore to make it a memorable day for all of us.
I believe, it is the fructification of individual efforts that each one of you are putting in everyday to achieve the business goals of the Bank that includes improving the Asset quality by reducing NPAs and managing SMAs”, adding, “Riding on the back of healthier financial numbers, planned organisational transformation and improving work-culture; our market perception is on a rising curve with the value proposition being acknowledged by the market players. We must ensure that the scrip maintains the upward trend by delivering improved results on a sustained basis.”
“And I assure all the stakeholders that we won’t allow anything to impede our journey towards growth and glory”, MD asserted.
Besides expressing his pleasure on the enthusiastic participation and contribution of staff towards achieving the business goal of Rs 2.22 Lac Cr by the end of this fiscal, he further said, “Since our dreams and aspirations are associated with this institution, I am sure that we will continue to work together as a cohesive team to accomplish all the business goals through our tried and time-tested institutional resolve.”
On the occasion, expressing their faith in and appreciation for his strong leadership and prudent guidance, the participants congratulated MD & CEO Baldev Prakash for the Bank’s improving performance and perception.
“Together, we have done it and together we shall accomplish all the organisational goals in future as well”, echoed the participants in unison
  Share This News with Your Friends on Social Network  
  Comment on this Story  
Early Times Android App
BSE Sensex
NSE Nifty
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
J&K Govt. Official website
Jammu Kashmir Tourism
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
Train Enquiry
Jammu Kashmir Bank
State Bank of India
Passport Department
Income Tax Department
IT Education
Web Site Design Services
Jammu University
Jammu University Results
Kashmir University
IGNOU Jammu Center