Heres why dena bank shares fell 19% after bank of baroda. It traded at a 33% discount to its book value as on june 2018, while bank of. Dena bank s book is clearly not of the quality of bobs or even vijayas. How to figure the book value of bank stock finance zacks. Dena bank stock analysis share price, charts, highlows. It is a measure of the amount per share that a shareholder will get if the company is liquidated today. Browse dena bank stock discussion, ideas, questions and answers online at. Five years ago, the stock was trading around 61 rupees. Get live bse nse share price of dena bankamalgamat. Dena bank stock financialsannual value research online. Swap ratio fixed for bank of baroda merger with vijaya, dena.
Dena bank share stock price live today 52 week high low. Here is all you need to know about how the bank of baroda merger will affect you as an account holder. Compare dena bank with bank of baroda equitymaster. Dena bank uses 70% of capital infused for npa provisioning. Denabank gross property, plant and equipment explanation, calculation, historical data. Dena bank share price, dena bank stock price, dena bank. 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. Valuing a bank can be challenging and confusing, but it doesnt have to be. Dena bank stock discussion forum online india, can i buy. Dena bank share price from its previous close of rs 12. 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.
Dena bank bse sharestock price history goodreturns. However, since book value does not count the intangible assets. Dena bank amalgamated stock share prices, denabank live bsense. You are happy with it or you have any sort of complaints about the bank. Get the latest dena bank share price and stock price updates, live nsebse share price, share market reports, financial report, balance sheet. Dena bank has a gross property, plant and equipment of. We communicate openly and honestly to achieve results as a team. Going by wednesdays closing price, 1,000 dena bank shares are valued at rs 17,950 while 110 bob. Nse stock denabank share dena bank trades in nse under banks. It traded at a 33% discount to its book value as on june 2018, while bank of baroda was trading at a 20% discount. Earlier before the merger announcement, dena bank s stock was pricing in a fair bit of the pain in its numbers. Dena bank price vs book value, keymetrics, pros and cons. Its current market capitalisation stands at rs 2844. Stock dena bank dematerialised stock price today markets.
Apr 20, 2017 how is your experience with the services offered by the bank. We strive to achieve the highest level of professionalism at all times. 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. Book value per share tells investors what a bank s, or any stocks, book value is on a per share basis. Dena bank is one of the most prestigious banks of india having a good market share. Dena bank was founded on 26 may 1938 by the family of devkaran nanjee, under the name devkaran nanjee banking company. Go indepth on dena bank dematerialised stock snapshot. May 14, 2018 as of march 2018, the share base has doubled to 226 crore shares, leading to significant erosion in book value. Dena bank share price today, stock price, live bsense. The reason behind the drastic downfall of stock in th. Get detailed report in terms of mf holding details, financials, 52 week high low and company news on lkp sec. Bank of baroda approves fair equity share exchange ratio for merger of dena bank and vijaya bank with co. Traders expect vijaya, dena bank shares to fall today. 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.
Jun 25, 2019 what is the average priceto book ratio for a bank. Net interest loss after loan loss provision decreased 21% to rs3. Bank of baroda bob is among the top banks in the country with a 6. 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. Find out all the key statistics for deutsche bank ag db, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Fundamental ratios, price, earnings, profit, market cap, dividend yield etc.
Share price, corporate actions, valuation, research report, financials and more complete track record of dena bank. Get dena bank share prices, along with historic price charts for nse bse. Dena bank live stock price, denabank live share price. The share swap ratio was announced after the stock markets closed on wednesday. The bank s segments include treasury operations, corporatewholesale banking, retail banking and other banking operations.
Dena bank amalgamated was incorporated in the year 1938. 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. Get dena bank merged live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. 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. Book value is an important measure for safety of investment while investing in a stock. Dena bank stock valuation, dcf valuation and intrinsic value. Dena bank stockshare prices today, dena bank live bsense. Indeed, before the bank merger was announced, dena banks stock was pricing in a fair bit of the pain in its numbers. Dena bank and vijaya bank are part of bank of baroda from april 1. What is your view on the dena bank stock in the longterm. Get details on dena bank news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. In simple terms it would be the amount of money that a share holder would get if a company were to liquidate. Dena bank stock price, share price, live bsense, buysell. To arrive at this number, subtract liabilities from assets.
In this scenario, the socalled priceto book pb ratio is applied with a bank s stock price compared to equity book value per share. It adopted its new name, dena devkaran nanjee bank, when it was incorporated as a public company in december 1939. Read more about swap ratio fixed for bank of baroda merger with vijaya, dena bank on business standard. Dena bank stock discussion forum online india, can i buy dena. Book value is a companys assets minus its liabilities. Dena bank dematerialised financials markets insider. Dena bank share price, dena bank stock price, dena bank stock. In the latest quarter, company has reported gross sales of rs. You can share your experience with me and the other audience of online indians by commenting below.
Read on for a complete analysis of dena banks quarterly results. View dena bankamalgamat historical charts, stock market reports, financial report, volume, market. Dena bank amalgamated share price live today 52 week high. If you are searching online for an article which will help you to request cheque book in dena bank. Dena bank amalgamated share price live today 52 week.
Dena bank share price today, stock price, live bsense prices. Before commenting anything, i would like to give you a glimpse of the stocks chart for the last 5 years. For the quarter ended december 2018, dena bank has posted a net profit of rs 2 bn up 53. Shareswap, a good deal for shareholders of dena, vijaya. We are always conscious of the wider context of our work. Get dena bank bse share price history and stock price history by date wise from goodreturns.
Dena bank share price, stock price, live sensex, bids. Denabank roe % explanation roe % measures the rate of return on the ownership interest shareholders equity of the common stock owners. Book value per share tells investors what a banks, or any stocks, book value is on a pershare basis. Jan 09, 2019 before commenting anything, i would like to give you a glimpse of the stocks chart for the last 5 years. Based on their book values as of june, every share of bob was worth 8. All eyes now on share swap ratio in this mega bank merger. Sales on the other hand came in at rs 21 bn down 9. 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. The above chart displays the share price and the book value per share. In fy04, the bank had a branch network of 15 out of which 680 branches are fully computerised. Dena bank is depository participant of national securities depository limited nsdl. Get dena bank buy sell tips by experts including news, detailed information, profit and loss account and more. It measures a firms efficiency at generating profits from every unit of shareholders equity also known as net assets or assets minus liabilities.
Yearly pe ratio full year price to earning per share 0. The bank offers deposits and loans, and internet banking, corporate banking and international banking. Dena bank live bse share price today, denabank latest news, 532121 announcements. After a brand and operating overhaul, the bank has seen accelerated growth, enabling it to position itself favourably am. Others the most important factor is that this merger came at a time when large cleanup exercises for banks have been done. Sep 18, 2018 the combined financials of the merged entity do not look too bad, as net nonperforming loan npl stood at 4.
Get dena bank detailed intraday reports, stock share price updates and market performance. Oct 20, 2018 book value per share is a good measure to value bank stocks. Dena bank share price live, live stock updates, views. Share price, corporate actions, valuation, research report, financials and more complete track record of dena bank financials annual. Dena bank stock share prices today, dena bank live bsense.
Sep 21, 2018 earlier before the merger announcement, dena banks stock was pricing in a fair bit of the pain in its numbers. Get todays dena bank amalgamated share price details along with futures. Get the latest dena bank dematerialised stock price and detailed information including news, historical charts and realtime prices. This is the financialssite for the company dena bank dematerialised on markets insider. 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. The right thing, therefore, would have been to value the stock of the bank at a discount to bob. Dena bank stockshare price, financial statement, balance. 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. Dena bank 10 years price vs book value, dividend yield, annualised growth rates, dcf. Dena bank share price, nsebse forecast news and quotes. Get details on dena bank news, dividends, financial report, shareholding, company profile. View dena bank amalgamat historical charts, stock market reports, financial report, volume, market. Volatility analysis of dena bank using a garch model.
Shareswap, a good deal for shareholders of dena, vijaya and. Generally the share price is above the book value price but during a recession e. If you would like to learn more about the book value per share, see below. From indias independent mutual fund research house. In july 1969 the government of india nationalized dena bank, along with thirteen other major banks. 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. 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. Heres why dena bank shares fell 19% after bank of baroda share swap ratio updated.