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Dhanlaxmi Bank Ltd Share Price (DHANBANK)

₹43.50.34%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Dhanlaxmi Bank Ltd share Performance

  • ₹43
    ₹44.2
    ₹43.5
    downward going graph

    1.15%

    Low

    Day's Volatility:2.76%

    High

    1.61%

    downward going graph
  • ₹16.1
    ₹59
    ₹43.5
    downward going graph

    62.99%

    Low

    52 Weeks Volatility:98.62%

    High

    35.63%

    downward going graph
1 Month Return4.05 %
3 Month Return-6.23 %
1 Year Return162.95 %
Previous Close₹43.65
Open₹44.00
Volume5.35L
Upper Circuit-
Lower Circuit-
Market Cap₹1,104.40Cr

Company Information

Dhanalakshmi Bank was founded in 1927 by as group of enterprising entrepreneurs in Thrissur, the cultural capital of Kerala, with an initial capital of Rs. 11000. Today, it has grown into a commercial bank with 181 branches and 26 Extension Counters across India, with operations and business of Rs. 4223 crores. It has a Capital Adequacy Ratio of 9.75%, greater than the mandatory requirement of 9 and a net profit of Rs. 9.51 crores for the year ended 31st March 2006. It started its services in Thrissur, followed by Ernakulam and Palghat in 1937, extending to the entire South India in 1978. In 1990s, it extended its services outside of South India, as well, beginning with Bombay. Apart from banking, it also offers bill discounting, letters of credit, merchant banking etc. DBL also focuses on consumer banking, corporate banking, and expanding its services to NRIs. In 1996, it released an equity issue of 80 lac shares for Rs. 40 crores to strengthen the capital base and obtain listing on stock exchanges. To comply with RBI guidelines, it also released a Right Issue of Rs. 274750500 to increase the net worth to Rs. 100 crores. The Bank also provides Anywhere/Anytime banking to its customers using technology, is part of CASHNET and National Financial Switch ATM network. It are also provides Life and Non-Life insurances and Demat services. Additionally, it has dedicated NRI Boutiques and tied up with 7 Exchange Houses in the Middle East. It has also achieved industrial and corporate certifications under ISO 90012000. With its emphasis on providing value-added services, its focus on poverty alleviation, and its commitment to its customers, Dhanalakshmi Bank has achieved a great degree of success since its inception.

Share Price: ₹43.50 per share as on 24 Apr, 2024 04:01 PM
Market Capitalisation: ₹1,104.40Cr as of today
Listing date: 01 Apr, 2004
Chairperson Name: K.N Madhusoodanan
OrganisationDhanlaxmi Bank Ltd
HeadquartersThrissur
IndustryBanks
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Key events for Dhanlaxmi Bank Ltd

  • Ajith Kumar K.K appointed as MD and CEO of Dhanlaxmi Bank - 23 Apr, 2024

    The Reserve Bank of India has approved the appointment of Ajith Kumar K.K as the new Managing Director and CEO of Dhanlaxmi Bank. With over 36 years of experience in various facets of banking, including credit, human resources, business, branch banking, etc., he is presently the Chief Human Resources Officer at Federal Bank Limited.

  • Ajith Kumar K.K. Appointed as MD and CEO of Dhanlaxmi Bank - 22 Apr, 2024

    Dhanlaxmi Bank has appointed Ajith Kumar K.K. as its new managing director and chief executive officer, with a key priority being to raise capital through a rights issue approved by the bank's board in March.

  • Ajith Kumar KK Appointed as MD and CEO of Dhanlaxmi Bank - 20 Apr, 2024

    Dhanlaxmi Bank has appointed Ajith Kumar KK as its new managing director and chief executive, replacing JK Shivan. Kumar brings over 36 years of experience in credit, human resources, business, and branch banking to the role.

  • Ajith Kumar K.K. Appointed as New MD & CEO of Dhanlaxmi Bank - 19 Apr, 2024

    The Reserve Bank of India has approved the appointment of Ajith Kumar K.K. as the Managing Director and Chief Executive Officer of Dhanlaxmi Bank for a period of three years. The bank will also seek shareholder approval. In Q3 FY24, the bank reported a net profit of Rs 3.05 crore, down from Rs 21.73 crore in Q3 FY23.

  • Dhanlaxmi Bank CEO JK Shivans to Continue Until New Appointment - 13 Apr, 2024

    JK Shivans, the only whole-time director on Dhanlaxmi Bank's board, will continue as CEO until a new person takes charge. The bank has proposed names of candidates for the position.

  • Dhanlaxmi Bank Reports Strong YoY Growth in Q4 Results - 03 Apr, 2024

    Dhanlaxmi Bank's Q4 FY24 results show a 6.3% YoY growth in total business and a 24.85% YoY increase in gold loans. The bank's stock rises nearly 5% on the BSE.

  • Dhanlaxmi Bank Reports Growth in Total Business and Deposits - 02 Apr, 2024

    Dhanlaxmi Bank reported a 6.3% increase in total business, with total deposits rising by 6.8%. The current account savings account (CASA) deposits also grew by 2.8%, while gross advances saw a growth of 5.6%. Shares of Dhanlaxmi Bank Ltd ended up by 4.44% on the BSE.

Fundamentals of Dhanlaxmi Bank Ltd

Insights on Dhanlaxmi Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, DHANBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, DHANBANK stock has moved up by 163.0%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 88.04% to 93.83% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, DHANBANK has outperformed top 5 stocks with highest market-cap in Banks

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.89% to 6.10% in Mar 2024 quarter

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
0%
0.00
Foreign Institutions
6.1%
0.00
Mutual Funds
0%
0.00
Retail Investors
93.83%
0.00
Others
0.07%
0.00

Technicals of Dhanlaxmi Bank Ltd share

News & Events of Dhanlaxmi Bank Ltd

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Dhanlaxmi Bank Ltd (DHANBANK) share price today is ₹43.5

Dhanlaxmi Bank Ltd is listed on NSE

Dhanlaxmi Bank Ltd is listed on BSE

  • Today’s highest price of Dhanlaxmi Bank Ltd is ₹44.2.
  • Today’s lowest price of Dhanlaxmi Bank Ltd is ₹43.

Today’s traded volume of Dhanlaxmi Bank Ltd(DHANBANK) is 5.35L.

Today’s market capitalisation of Dhanlaxmi Bank Ltd(DHANBANK) is ₹1104.4Cr.

Dhanlaxmi Bank Ltd(DHANBANKPrice
52 Week High
₹59
52 Week Low
₹16.1

Dhanlaxmi Bank Ltd(DHANBANK) share price is ₹43.5. It is down -26.27% from its 52 Week High price of ₹59

Dhanlaxmi Bank Ltd(DHANBANK) share price is ₹43.5. It is up 170.19% from its 52 Week Low price of ₹16.1

Dhanlaxmi Bank Ltd(DHANBANKReturns
1 Day Returns
-0.15%
1 Month Returns
4.05%
3 Month Returns
-6.23%
1 Year Returns
162.95%