In simple terms it would be the amount of money that a share holder would get if a company were to liquidate. The share swap ratio was announced after the stock markets closed on wednesday. Get dena bank buy sell tips by experts including news, detailed information, profit and loss account and more. Based on their book values as of june, every share of bob was worth 8. Find out all the key statistics for deutsche bank ag db, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Dena bank stock analysis share price, charts, highlows. Volatility analysis of dena bank using a garch model. This is the financialssite for the company dena bank dematerialised on markets insider.
In fy04, the bank had a branch network of 15 out of which 680 branches are fully computerised. Book value is a companys assets minus its liabilities. Balance sheet of dena bank denabank for last 10 years including book value, equity capital shareholding, liabilities, capital employed, current assets, total assets, cash and bank balance, total debt, cagr growth for 1, 3 5, 7 and 10 years. Dena bank stock discussion forum online india, can i buy dena. How to figure the book value of bank stock finance zacks. Dena bank is depository participant of national securities depository limited nsdl. From indias independent mutual fund research house. View dena bank amalgamat historical charts, stock market reports, financial report, volume, market. It traded at a 33% discount to its book value as on june 2018, while bank of baroda was trading at a 20% discount. Yearly pe ratio full year price to earning per share 0.
Denabank gross property, plant and equipment explanation, calculation, historical data. If you would like to learn more about the book value per share, see below. Dena bank amalgamated share price live today 52 week. Traders expect vijaya, dena bank shares to fall today. Get the latest dena bank share price and stock price updates, live nsebse share price, share market reports, financial report, balance sheet. Get dena bank share prices, along with historic price charts for nse bse. Dena bank stockshare price, financial statement, balance. It measures a firms efficiency at generating profits from every unit of shareholders equity also known as net assets or assets minus liabilities. Read more about swap ratio fixed for bank of baroda merger with vijaya, dena bank on business standard. Dena bank stock valuation, dcf valuation and intrinsic value. As per government of india gazette notification dated 02012019, amalgamation of vijaya bank and dena bank with bank of baroda scheme, 2019, has come into force from 1st april,2019 in view of above amalgamation, bank has revised the service charges w.
View dena bankamalgamat historical charts, stock market reports, financial report, volume, market. Book value per share tells investors what a bank s, or any stocks, book value is on a per share basis. We communicate openly and honestly to achieve results as a team. Its current market capitalisation stands at rs 2844. Before commenting anything, i would like to give you a glimpse of the stocks chart for the last 5 years.
Dena bank live bse share price today, denabank latest news, 532121 announcements. The bank s segments include treasury operations, corporatewholesale banking, retail banking and other banking operations. Get dena bank share price, stock price of dena bank, dena bank live prices on bse and nse, historical charts, buy and sell, performance and reports. Go indepth on dena bank dematerialised stock snapshot. Dena bank share price live, live stock updates, views. Get details on dena bank news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. For the nine months ended 31 december 2018, dena bank interest income decreased 6% to rs64. Sales on the other hand came in at rs 21 bn down 9. Bank of baroda bob is among the top banks in the country with a 6.
Book value per share tells investors what a banks, or any stocks, book value is on a pershare basis. Dena bank uses 70% of capital infused for npa provisioning. Get todays dena bank amalgamated share price details along with futures. Dena bank share price, nsebse forecast news and quotes. Traders expect the shares of both dena and vijaya bank to fall on thursday as investors sell the stocks to adjust them to the value of the swap.
We strive to achieve the highest level of professionalism at all times. Dena bank is one of the most prestigious banks of india having a good market share. Browse dena bank stock discussion, ideas, questions and answers online at. We are always conscious of the wider context of our work. Dena bank amalgamated share price live today 52 week high. Dena bank stock financialsannual value research online. In july 1969 the government of india nationalized dena bank, along with thirteen other major banks. After a brand and operating overhaul, the bank has seen accelerated growth, enabling it to position itself favourably am. Shareswap, a good deal for shareholders of dena, vijaya and. Share price, corporate actions, valuation, research report, financials and more complete track record of dena bank. Dena bank stock share prices today, dena bank live bsense. Going by wednesdays closing price, 1,000 dena bank shares are valued at rs 17,950 while 110 bob. Apr 20, 2017 how is your experience with the services offered by the bank.
Also check dena bank amalgamated stock market reports, news, balance. Denabank roe % explanation roe % measures the rate of return on the ownership interest shareholders equity of the common stock owners. You are happy with it or you have any sort of complaints about the bank. Book value is an important measure for safety of investment while investing in a stock. However, since book value does not count the intangible assets. Due to the share swap, shareholders of dena bank and vijaya bank will get discount to current prices the merger with bob implies a 27% and 6% discount to the current prices. In fact, it is likely that dena bank share price could correct further by around 10 per cent when markets open on friday to adjust to the ratio and it could be the last change for the bank. Book value per share is one the easiest accounting formulas out there that can help us determine the value of a bank or financial firms equity. Sep 18, 2018 the combined financials of the merged entity do not look too bad, as net nonperforming loan npl stood at 4.
It traded at a 33% discount to its book value as on june 2018, while bank of. Dena bank price vs book value, keymetrics, pros and cons. The bank offers deposits and loans, and internet banking, corporate banking and international banking. Oct 20, 2018 book value per share is a good measure to value bank stocks. Get dena bank merged live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. Dena bank amalgamated stock share prices, denabank live bsense. Dena bank apart from normal banking services also offers you the capital market oriented product in the form of demat account called dena laxmi demat account. Others the most important factor is that this merger came at a time when large cleanup exercises for banks have been done. Fundamental ratios, price, earnings, profit, market cap, dividend yield etc. Get dena bank detailed intraday reports, stock share price updates and market performance. Dena bank share price, dena bank stock price, dena bank stock.
Get the latest dena bank share price and stock price updates, live nsebse share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at. The reason behind the drastic downfall of stock in th. Get the latest dena bank dematerialised stock price and detailed information including news, historical charts and realtime prices. Bank of baroda approves fair equity share exchange ratio for merger of dena bank and vijaya bank with co. A day after the share swap ratio for the merger of vijaya bank and dena bank with bank of baroda bob was announced, brokerages attempted to weigh the discounts, value the merged entity. Get dena bank bse share price history and stock price history by date wise from goodreturns. Share price, corporate actions, valuation, research report, financials and more complete track record of dena bank financials annual. Shareswap, a good deal for shareholders of dena, vijaya. Dena bank has a gross property, plant and equipment of. Sep 18, 2018 considering substantial negative net worth of dena bank, it should get somewhere rs 1 as a token of gesture or a maximum rs 10 face value should be considered and hence 1 to 11 shares of bob.
Dena bank s book is clearly not of the quality of bobs or even vijayas. Dena bank share price from its previous close of rs 12. What is your view on the dena bank stock in the longterm. It adopted its new name, dena devkaran nanjee bank, when it was incorporated as a public company in december 1939. Compare dena bank with bank of baroda equitymaster. Dena bank was founded on 26 may 1938 by the family of devkaran nanjee, under the name devkaran nanjee banking company. Book value per share is a good measure to value bank stocks. Dena bank stock price, share price, live bsense, buysell. It is a measure of the amount per share that a shareholder will get if the company is liquidated today. Heres why dena bank shares fell 19% after bank of baroda share swap ratio updated. Generally the share price is above the book value price but during a recession e. Valuing a bank can be challenging and confusing, but it doesnt have to be. Dena bank 10 years price vs book value, dividend yield, annualised growth rates, dcf.
Dena bank dematerialised financials markets insider. Dena bank live stock price, denabank live share price. Here is all you need to know about how the bank of baroda merger will affect you as an account holder. For the quarter ended december 2018, dena bank has posted a net profit of rs 2 bn up 53. Dena bank share price today, stock price, live bsense prices. Dena bank share price, dena bank stock price, dena bank. Jan 09, 2019 before commenting anything, i would like to give you a glimpse of the stocks chart for the last 5 years. If you are searching online for an article which will help you to request cheque book in dena bank. Heres why dena bank shares fell 19% after bank of baroda. You can share your experience with me and the other audience of online indians by commenting below. Jan 03, 2019 dena bank share price was the worst hit, losing a whopping 20 per cent after bank of baroda bob board announced the merger ratio for the amalgamation with dena bank and vijaya bank, which. Five years ago, the stock was trading around 61 rupees. In this scenario, the socalled price to book pb ratio is applied with a bank s stock price compared to equity book value per share.
In this scenario, the socalled priceto book pb ratio is applied with a bank s stock price compared to equity book value per share. The right thing, therefore, would have been to value the stock of the bank at a discount to bob. Earlier before the merger announcement, dena bank s stock was pricing in a fair bit of the pain in its numbers. Get detailed report in terms of mf holding details, financials, 52 week high low and company news on lkp sec. Jun 25, 2019 what is the average priceto book ratio for a bank.
Dena bank amalgamated was incorporated in the year 1938. All eyes now on share swap ratio in this mega bank merger. Swap ratio fixed for bank of baroda merger with vijaya, dena. Read on for a complete analysis of dena banks quarterly results. Dena bank share stock price live today 52 week high low.
Denabank financial results, denabank shareholding, denabank. Dena bank share price, stock price, live sensex, bids. Net interest loss after loan loss provision decreased 21% to rs3. Dena bank bse sharestock price history goodreturns. Stock dena bank dematerialised stock price today markets. Dena bank and vijaya bank are part of bank of baroda from april 1.
The above chart displays the share price and the book value per share. Sep 21, 2018 earlier before the merger announcement, dena banks stock was pricing in a fair bit of the pain in its numbers. Get details on dena bank news, dividends, financial report, shareholding, company profile. To arrive at this number, subtract liabilities from assets. Though net npl of dena bank was 11 per cent, the overall loan book of dena bank was just 17 per cent of that of bobs, cgscimb pointed out in another note. Nse stock denabank share dena bank trades in nse under banks. The bank is one among the few banks to receive the world bank loan for technological upgradation and training. Dena bank stockshare prices today, dena bank live bsense. Dena bank stock discussion forum online india, can i buy.
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