Stock below Rs 20: This small-cap private bank stock zooms over 40 per cent; keep it on your radar!
Stock below Rs 20: This small-cap private bank stock zooms over 40 per cent; keep it on your radar!

Stock below Rs 20: This small-cap private bank stock zooms over 40 per cent; keep it on your radar!

The stock has jumped more than 40 per cent from the lows of October 17 and with this strong move, it recorded its fresh 52-week high.   

Karan Dsij Article rating: 3.9

During Q2FY23, the bank logged the highest-ever quarterly net interest income and PBT due to an overall improvement in CASA, net interest income, and reduced provisions (excluding tax). Further, the bank was able to beef up the capital-to-risk-weighted asset ratio (CRAR) to a level of 16.04 per cent from 15.74 per cent on a YoY basis.   

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