Dhanlaxmi Bank
Dhanlaxmi Bank Performance
Day Range
- Low 27.9
- High 29.65
52 Week Range
- Low 11.35
- High 33.8
- Open Price29
- Previous Close29
- Volume6157344
Start SIP in Dhanlaxmi Bank
Start SIPDhanlaxmi Bank Investment Rating
-
Master Rating:
-
Dhanlaxmi Bank has an operating revenue of Rs. 1,250.33 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 3% needs improvement, ROE of 5% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 25% and 53% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 26% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 60 which is a FAIR score but needs to improve its earnings, a RS Rating of 92 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 146 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 289 | 274 | 276 | 263 | 258 | 235 |
| Operating Expenses Qtr Cr | 113 | 114 | 108 | 104 | 101 | 101 |
| Operating Profit Qtr Cr | 58 | 39 | 54 | 35 | -5 | 64 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 171 | 159 | 149 | 146 | 141 | 138 |
| Tax Qtr Cr | 2 | -18 | 0 | 0 | 0 | 1 |
| Net Profit Qtr Cr | 28 | 38 | 22 | 16 | -26 | 23 |
Dhanlaxmi Bank Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 15
- Bearish Moving Average
- ___
- 1
- 20 Day
- ₹26
- 50 Day
- ₹23.59
- 100 Day
- ₹21.37
- 200 Day
- ₹19.17
- 20 Day
- ₹25.44
- 50 Day
- ₹23.31
- 100 Day
- ₹20.28
- 200 Day
- ₹18.93
Dhanlaxmi Bank Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹29.74 |
| Second Resistance | ₹30.57 |
| Third Resistance | ₹31.49 |
| RSI | 68.24 |
| MFI | 84.64 |
| MACD Single Line | 1.24 |
| MACD | 1.68 |
| Support | |
|---|---|
| First Resistance | ₹27.99 |
| Second Resistance | ₹27.07 |
| Third Resistance | ₹26.24 |
Dhanlaxmi Bank Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 7,088,663 | 247,606,999 | 34.93 |
| Week | 38,527,735 | 682,326,182 | 17.71 |
| 1 Month | 12,845,201 | 336,287,370 | 26.18 |
| 6 Month | 4,646,806 | 148,883,680 | 32.04 |
Dhanlaxmi Bank Result Highlights
Dhanlaxmi Bank Synopsis
NSE-Banks-Money Center
Dhanlaxmi Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 1071.23 Cr. and Equity Capital is Rs. 253.01 Cr. for the Year ended 31/03/2023. Dhanlaxmi Bank Ltd. is a Public Limited Listed company incorporated on 14/11/1927 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L65191KL1927PLC000307 and registration number is 000307.| Market Cap | 735 |
| Sales | 1,250 |
| Shares in Float | 25.30 |
| No of funds | 12 |
| Yield |
| Book Value | 0.76 |
| U/D Vol ratio | 2.3 |
| LTDebt / Equity | 51 |
| Alpha | 0.35 |
| Beta | 1.42 |
Dhanlaxmi Bank
| Owner Name | Jun-23 | Mar-23 | Dec-22 | Sep-22 |
|---|---|---|---|---|
| Promoters | ||||
| Insurance Companies | 0.07% | 0.07% | 0.07% | 0.07% |
| Foreign Portfolio Investors | 10.97% | 10.86% | 10.84% | 11.62% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 51.67% | 51.71% | 51.57% | 48.57% |
| Others | 37.29% | 37.36% | 37.52% | 39.74% |
Dhanlaxmi Bank Management
| Name | Designation |
|---|---|
| Mr. J K Shivan | Managing Director & CEO |
| Mr. C K Gopinathan | Non Executive Director |
| Mr. G Rajagopalan Nair | Independent Director |
| Mr. Sreesankar Radhakrishnan | Independent Director |
| Mr. K N Madhusoodanan | Independent Director |
| Dr. Nirmala Padmanabhan | Independent Director |
| Mr. Sridhar Kalyanasundaram | Independent Director |
| Mr. D K Kashyap | Additional Director |
| Mr. Jayakumar Yarasi | Additional Director |
Dhanlaxmi Bank Forecast
Price Estimates
Dhanlaxmi Bank Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-07-31 | Quarterly Results | |
| 2023-05-22 | Audited Results | |
| 2023-01-31 | Quarterly Results | |
| 2022-12-05 | Others | Rs.0.00 consider / approve raising of funds by the Bank by way of issuance of Non-Convertible Debentures (NCDs) in the form of Basel III compliant Tier 2 Bonds aggregating to Rs.200 Crores. |
| 2022-11-09 | Quarterly Results |
- Company Name
- CMP
- Chg(%)
- IndusInd Bank
- 1453
- 2.9
- Maruti Suzuki
- 10535
- 2.4
- St Bk of India
- 598
- 1.7
- M & M
- 1607
- 1.5
- Bajaj Finserv
- 1544
- 1.1
- Company Name
- CMP
- Chg(%)
Dhanlaxmi Bank FAQs
What is Share Price of Dhanlaxmi Bank ?
Dhanlaxmi Bank share price is ₹28 As on 23 September, 2023 | 00:08
What is the Market Cap of Dhanlaxmi Bank ?
The Market Cap of Dhanlaxmi Bank is ₹731.2 Cr As on 23 September, 2023 | 00:08
What is the P/E ratio of Dhanlaxmi Bank ?
The P/E ratio of Dhanlaxmi Bank is 7 As on 23 September, 2023 | 00:08
What is the PB ratio of Dhanlaxmi Bank ?
The PB ratio of Dhanlaxmi Bank is 0.8 As on 23 September, 2023 | 00:08