Stock market news: RBL Bank shares gains over 3%

NEW DELHI: Shares of RBL Bank Ltd. traded 3.21 per cent up in Monday's trade at 11:27AM (IST). Around 410375 shares changed hands on the counter. The stock opened at Rs 167 and touched an intraday high and low of Rs 171.6 and Rs 166.15, respectively, in the session so far.

The stock quoted a 52-week high of Rs 716.4 and a 52-week low of Rs 101.55.

Financials
RBL Bank Ltd., incorporated in the year 1943, is a banking company (having a market cap of Rs 8658.75 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 1992.07 Crore and Net Non Performing Assets (Net NPAs) of Rs 932.68 Crore.

RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 6906.80 Crore to Sales Value (81.11 % of Total Sales), Income From Investment which contributed Rs 1372.69 Crore to Sales Value (16.12 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 191.42 Crore to Sales Value (2.24 % of Total Sales) and Interest which contributed Rs 43.47 Crore to Sales Value (0.51 % of Total Sales)for the year ending 31-Mar-2020.

Valuation ratio
It quoted a price-to-earnings ratio of 22.37 and price to book value of 0.65.