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ALBK Share Price Discussion

Allahabad Bank
NSE: ALBK | BSE: 532480 | ISIN: INE428A01015 | Sector: Banks

ALBK Rating

5/5 (1 Ratings)
ALBK Share Price *
11.35 -1.65 (-12.69%)
* (quote may be delayed)
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ALBK Discussion Forum

@newsbot • Reputation: 2,372
Indian Bank stops loading ATMs with Rs 2,000 notes: Report
Indian Bank, which is headed for a merger with Allahabad Bank, will reportedly load more Rs 200 denomination notes
Moneycontrol
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@newsbot • Reputation: 2,372
Allahabad Bank cuts MCLR by 5 bps across tenors
The Asset Liability Management Committee of the bank has reviewed the existing MCLR and decided for a downward revision by 5 basis points (bps) across different MCLR tenors, the bank said in a regulatory filing.
Moneycontrol
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@stocktrendr • Reputation: 335

Allahabad Bank to reduce MCLR by 5 basis points across various tenors with effect from Feb. 14. Three Month MCLR at 8.05 percent and One Year MCLR at 8.25 percent.
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@newsbot • Reputation: 2,372
Allahabad Bank Q3 net loss widens to Rs 1,987cr
Total business stood at Rs 3.93 lakh crore in the December quarter, the bank said in a release. It was Rs 3.67 lakh crore in the third quarter of 2018-19.
Moneycontrol
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@newsbot • Reputation: 2,372
Cabinet may approve merger of 10 state-run banks into 4 today
The government had announced the proposal to merge the state-run lenders on August 30, 2019.
Moneycontrol
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@newsbot • Reputation: 2,372
IRDAI issues guidelines to protect interest of policyholders of merged banks
IRDAI said the guidelines have been issued in order to protect the interests of the group insurance policyholders of the merged banks.
Moneycontrol
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@TTA • Reputation: 11,765

*ALLAHABAD BANK CAPITAL INFUSION OF 21.53B RUPEES BY GOVT.
*ALLAHABAD BANK BOARD APPROVES CAPITAL INFUSION BY GOVT.
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@newsbot • Reputation: 2,372
Trade Setup for Friday: Top 15 things to know before Opening Bell
FIIs bought shares worth Rs 1,352.13 crore, while DIIs sold shares worth Rs 984.56 crore on January 23.
Moneycontrol
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@stocktrendr • Reputation: 335

Allahabad Bank gets fund infusion of Rs. 2153 crore from Government of India
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@100billionclub • Reputation: 2,576

Allahabad Bank -Fresh Capital Infusion Of 21.53 Bln Rupees By Govt Of India
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@invictotrader • Reputation: 1,348

Government to infuse fresh capital of Rs. 2153 crore in Allahabad Bank
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@stocktrendr • Reputation: 335

Allahabad Bank to get Rs 2,153 crore fresh capital from Govt. in the current fiscal
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@invictotrader • Reputation: 1,348

Allahabad Bank gets fresh capital of Rs 2,153 cr from govt The capital infusion is towards contribution of the central government in the preferential allotment of equity shares of the bank during the financial year 2019-20 as the government investment, it said.
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@TTA • Reputation: 11,765

KESAR ENTERPRISES / ALLAHABAD BANK: The co has agreed to pay Rs 55 Cr to the Kolkata (West Bengal)-headquartered beleaguered PSU lender (latter) - as full & final settlement Vs the total outstanding dues of Rs 175 Cr to the bank.
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@ravikanthchopperla • Reputation: 12,442

BRIEF-India's Allahabad Bank Sept-Qtr Net Loss Widens - Reuters
08-Nov-2019 02:43:48 PM
Nov 8 (Reuters) - Allahabad Bank ALBK.NS:
SEPT QUARTER NET LOSS 21.14 BILLION RUPEES VERSUS LOSS OF 18.23 BILLION RUPEES LAST YEAR
SEPT QUARTER INTEREST EARNED 41.12 BILLION RUPEES VERSUS 40 B...
Read more...
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@newsbot • Reputation: 2,372
Allahabad Bank to launch loans linked with external benchmark rates; shares fall 3%
Presently, the bank has identified RBI's repo rate and 3 month MIBOR as the benchmark rates.
Moneycontrol
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@newsbot • Reputation: 2,372
Allahabad Bank to offer repo linked retail, small biz loans from October
The bank had decided to launch retail loans and loans to micro & small enterprises linked with external benchmark rates published by Financial Benchmarks India Pvt LTd (FBIL), it said.
Moneycontrol
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@newsbot • Reputation: 2,372
Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra
Central Bank of India | Tata Communications | NALCO | RITES | NTPC and OBC are among stocks which are in news today.
Moneycontrol
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@newsbot • Reputation: 2,372
Market Headstart: Nifty likely to open flat; Britannia, GNFC top buying ideas
Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, with a 10 points gain or 0.09 percent. Nifty futures were trading around 11,001.50-level on the Singaporean Exchange.
Moneycontrol
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@newsbot • Reputation: 2,372
Allahabad Bank board approves merger with Indian Bank
Finance Minister Nirmala Sitharaman had on August 30 announced the consolidation of 10 state-run banks into four large-scale lenders.
Moneycontrol
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@newsbot • Reputation: 2,372
Banking wrap: RBI issues draft norms for SFB licensing; govt asks lenders to use NCLT as last resort
Weekly wrap: RBI's new loan pricing norm may put banks in a fix, NBFCs' outlook remains grim and a checklist for customers of merging PSBs
Moneycontrol
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@newsbot • Reputation: 2,372
EXCLUSIVE | Banks may have to cut stake in insurance firms to below 30%
Sources told Moneycontrol that the insurance regulator and banking regulator will clarify their position within the next three months.
Moneycontrol
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@newsbot • Reputation: 2,372
EXCLUSIVE | Banks may be told to pare stakes in insurance companies below 30%
Sources told Moneycontrol that the insurance regulator and banking regulator will clarify their position within the next three months.
Moneycontrol
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@newsbot • Reputation: 2,372
Explained: Here's a checklist to track if your bank is getting merged
Punjab National Bank, Union Bank of India, Canara Bank and Indian Bank are the anchor banks and customers of these banks will not be affected.
Moneycontrol
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@newsbot • Reputation: 2,372
Stocks in the news: Canara Bank, NBCC, PNB, DHFL, Shilpa Medicare, Avenue Supermarts
Vivimed Labs | Canara Bank | DHFL | Varun Beverages and Rane Holdings are stocks, which are in news today.
Moneycontrol
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@newsbot • Reputation: 2,372
Bank mergers: Here is how the insurance JVs and policy holders will be impacted
In cases where one bank promotes two insurers in same category post merger, the companies will either have to be merged or sold
Moneycontrol
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@newsbot • Reputation: 2,372
After big bang PSU banks merger, what should investors do and which stocks to buy?
Abhimanyu Sofat of IIFL Securities said merger of relatively better run Indian Bank with Allahabad Bank is disappointing.
Moneycontrol
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@newsbot • Reputation: 2,372
Buzzing stocks: PSB stocks crack up to 9%; Nifty PSU Bank index falls 4%
The weakness seems to be a fallout of the government's announcement of merger of 10 PSBs into four on August 30 and the worries stemming from the move.
Moneycontrol
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@newsbot • Reputation: 2,372
Govt asks state-run bank heads to reform boards
The department has directed banks to form risk management committees, and to combine their remuneration and nomination committees
Moneycontrol
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@newsbot • Reputation: 2,372
Stocks in the news: Tata Motors, Maruti Suzuki, SPML Infra, PNB, Canara Bank
Karnataka Bank | PNB | Divis Lab | JSW Steel | M&M and Coffee Day Enterprises are the stocks, which are in news today.
Moneycontrol
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@newsbot • Reputation: 2,372
Policy Play | Will the PSU bank merger achieve its desired objective?
The banks being merged have been losing deposit and credit market share and any improvement in the near term is unlikely
Moneycontrol
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@newsbot • Reputation: 2,372
Bank mergers: The implications and what brought it about
Merging weaker banks with stronger ones will erect a protective ring for depositors and shareholders.
Moneycontrol
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@newsbot • Reputation: 2,372
Analysts give thumbs up to mega merger of public sector banks
The consolidation will bring down the total number of public sector banks to 12 from 27.
Moneycontrol
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@newsbot • Reputation: 2,372
Stocks in the news: HUL, IDBI Bank, Oberoi Realty, Power Grid, Dilip Buildcon, DHFL
IDBI Bank | Oberoi Realty | Power Grid Corporation | Dilip Buildcon | DHFL | Nalco and Premier Explosives are stocks which are in the news today.
Moneycontrol
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@newsbot • Reputation: 2,372
Stocks in the news: RIL, Tata Motors, ONGC, BHEL, BPCL, Sintex Plastics, Varroc Engg, Oil India
Tata Motors | Alembic | Bosch | National Aluminium Company | Unichem Laboratories | ONGC | BHEL | BPCL and Sintex Plastics are among stocks, which are in news today.
moneycontrol.com
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@newsbot • Reputation: 2,372
More PSU banks likely to cut rate in few days
The reduction in the interest rate will help spur consumption as this will bring down EMIs for home, auto and corporate loans.
www.moneycontrol.com
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@commodityBiz • Reputation: 19,548

ALBK - chart - 307824
# ALBK OVERVIEW
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@ganeshghosh • Reputation: 0

Why albk is not moving?
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@newsbot • Reputation: 2,372
Stocks in the news: ITC, RIL, Nestle, NIIT, Coffee Day, DHFL, Union Bank, Bata India, JK Cement
Nestle India | NIIT | Coffee Day Enterprises | DHFL | Union Bank | Bata India and JK Cement are stocks which are in the news today.
moneycontrol.com
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@newsbot • Reputation: 2,372
Banking wrap: State-owned banks gear up to raise equity, SBI says limited room for improvement in margins
The RBI slapped fine on eight public sector banks for violating norms on fraud classification, bill discounting and monitoring of end use of funds
moneycontrol.com
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@newsbot • Reputation: 2,372
RBI slaps fine on eight public sector banks for violating norms
Bank of Baroda, Bank of India, Indian Overseas Bank and Union Bank of India were fined Rs 1.5 crore each, while Allahabad Bank and Bank of Maharashtra were penalised Rs 2 crore each. Oriental Bank of Commerce was penalised with Rs 1 crore, the RBI said.
www.moneycontrol.com
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@newsbot • Reputation: 2,372
Stocks in the news: Bharti Airtel, SBI, ITC, Eicher Motors, Raymond, Tata Power, Tata Motors
SBI | ITC | Eicher Motors | Raymond | Tata Power | ACC | Dishman Carbogen and SRF are stocks which are in the news today.
moneycontrol.com
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@newsbot • Reputation: 2,372
Allahabad Bank logs Rs 128 cr profit in Q1
Total income was down at Rs 4,747.49 crore in June quarter of 2019-20, as against Rs 4,794.04 crore in the same quarter of the last fiscal, the bank said in regulatory filing.
moneycontrol.com
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@newsbot • Reputation: 2,372
Allahabad Bank Standalone June 2019 Net Interest Income (NII) at Rs 1,530.10 crore, down 10.19% Y-o-Y
moneycontrol.com
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@newsbot • Reputation: 2,372
Stocks in the news: ICICI Bank, Cadila Health, Mahindra Life, Vedanta, Uflex, Granules, NHPC
Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.
moneycontrol.com
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@newsbot • Reputation: 2,372
Stocks in the news: ICICI Bank, Cadila Health, Mahindra Life, Vedanta, Uflex, Granules India
Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.
www.moneycontrol.com
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@newsbot • Reputation: 2,372
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@newsbot • Reputation: 2,372
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@commodityBiz • Reputation: 19,548

ALBK - chart - 283330
# ALBK OVERVIEW
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@newsbot • Reputation: 2,372
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  • ALBK - Share Price - Fundamentals

    keyboard_arrow_down
    Market Capitalization4,080.93
    Enterprise Value229,794.31
    Price to Earnings9.28
    Price to Book Value0.66
    Return on Capital Employed0.02
    Return on Equity-0.76
    Face Value10
    Dividend YieldNA
  • ALBK Share Price - Technicals

    keyboard_arrow_down
    ALBK - 52 Week High₹59
    ALBK - 52 Week Low₹12.85
  • ALBK - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    1-Mar-19Indiabulls VenturesBuy65
    16-Nov-16SPA SecuritiesSell58
    29-Aug-16SPA SecuritiesSell58
    ALBK Brokerage Price Target
  • ALBK Share Price - Historical (₹)

    keyboard_arrow_down
    DateOpenHighLowClose
    Feb 2713.513.512.8513
    Feb 2613.6513.7513.2513.55
    Feb 2513.913.913.713.75
    Feb 2414.2514.2513.813.9
    Feb 2014.0514.451414.25
  • ALBK Share Price - Daily Moving Averages (DMA)

    keyboard_arrow_down
    20 Day Moving Average₹15.4
    30 Day Moving Average₹16.47
    50 Day Moving Average₹17.33
    100 Day Moving Average₹20.92
    200 Day Moving Average₹30.28
  • ALBK - Profit And Loss

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Revenue16,358.4917,660.39-0.07
    Operating Profit2,485.649,281.07-0.73
    Profit Before Tax-6,591.02-604.719.9
    Net Income-4,674.37-313.5213.91
  • ALBK - Balance Sheet

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    CONSOLIDATEDMar-18Mar-17 % Change
    Shareholder's Funds6,175.6811,695.93-0.47
    Total Liabilities247,158.54226,047.150.09
    Total Assets253,334.22237,743.080.07
  • ALBK - Cash Flow

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    CONSOLIDATEDMar-18Mar-17 % Change
    Cash from Operating Activity-2,563.19-1,112.781.3
    Cash from Investing Activity-83.34-92.74-0.1
    Cash from Financing Activity2,013.11904.681.23
    Net Cash Flow-633.43-300.841.11
  • ALBK - Ratios

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    CONSOLIDATEDMar-18Mar-17
    Return on Assets-0.02NA
    Return on Equity-0.76-0.03
    Return on Capital Employed0.020.05
  • ALBK - 3 year Growth

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    3 Year CAGR Growth in Revenue-0.17
    3 Year CAGR Growth in Operating Profit-0.81
    3 Year CAGR Growth in EBIDTA-0.66
    3 Year CAGR Growth in Net Income-8.53
    3 Yr CAGR Growth - Diluted EPS-6.09
  • ALBK - 5 year Growth

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    5 Year CAGR Growth in Revenue-0.06
    5 Year CAGR Growth in Operating Profit-0.8
    5 Year CAGR Growth in EBIDTA-0.64
    5 Year CAGR Growth in Net Income-4.94
    3 Yr CAGR Growth - Diluted EPS-3.34
  • ALBK - Recent News

    keyboard_arrow_down
    NewsBot
    Feb 24 4:23 AM
    Indian Bank stops loading ATMs with Rs 2,000 notes: Report
    Moneycontrol
    NewsBot
    Feb 13 8:38 AM
    Allahabad Bank cuts MCLR by 5 bps across tenors
    Moneycontrol
    NewsBot
    Feb 11 2:13 AM
    Allahabad Bank Q3 net loss widens to Rs 1,987cr
    Moneycontrol
    NewsBot
    Feb 5 6:23 AM
    Cabinet may approve merger of 10 state-run banks into 4 today
    Moneycontrol
    NewsBot
    Jan 28 3:53 AM
    IRDAI issues guidelines to protect interest of policyholders of merged banks
    Moneycontrol
    NewsBot
    Jan 23 2:18 AM
    Trade Setup for Friday: Top 15 things to know before Opening Bell
    Moneycontrol
    NewsBot
    Sep 19 5:08 AM
    Allahabad Bank to launch loans linked with external benchmark rates; shares fall 3%
    Moneycontrol
    NewsBot
    Sep 19 2:18 AM
    Allahabad Bank to offer repo linked retail, small biz loans from October
    Moneycontrol
    NewsBot
    Sep 19 1:48 AM
    Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra
    Moneycontrol
    NewsBot
    Sep 17 2:18 AM
    Market Headstart: Nifty likely to open flat; Britannia, GNFC top buying ideas
    Moneycontrol
  • ALBK - Related Communities

    keyboard_arrow_down
    Sector: Index
    YES Bank Ltd. Sector: Banks
    State Bank of India Sector: Banks
    HDFC Bank Ltd. Sector: Banks
    Axis Bank Ltd. Sector: Banks
    ICICI Bank Ltd. Sector: Banks
    Kotak Mahindra Bank Ltd. Sector: Banks
    IndusInd Bank Ltd. Sector: Banks
    Punjab National Bank Sector: Banks
    Bank of Baroda Sector: Banks
  • ALBK - More Information

    keyboard_arrow_down


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