Nilgiri Bikas Bank Limited is issuing 4.25 lakh units of rights shares at 1:0.73 ratio to the shareholders from December 3.
The development based in Myagdi has stated that the rights share issue will close on December 7.
Nilgiri had reported a healthy growth in net profit. The bank’s profit rose to Rs 1.28 crore in the last fiscal year 2069/70 from Rs 1.03 crore reported in previous fiscal, a growth of 24.11 percent.
The bank’s deposits increased by 19.73 percent to Rs 65.63 crore and loans and advances grew 24.20% to Rs 54.82 crore whereas NPA increases by 13.33 percent at 0.51 percent compared to last year.
The Bank’s EPS at Rs.22.34, net worth per share is Rs.133.21 and PE ratio at 6.36 times.
- sharesansar
The development based in Myagdi has stated that the rights share issue will close on December 7.
Nilgiri had reported a healthy growth in net profit. The bank’s profit rose to Rs 1.28 crore in the last fiscal year 2069/70 from Rs 1.03 crore reported in previous fiscal, a growth of 24.11 percent.
The bank’s deposits increased by 19.73 percent to Rs 65.63 crore and loans and advances grew 24.20% to Rs 54.82 crore whereas NPA increases by 13.33 percent at 0.51 percent compared to last year.
The Bank’s EPS at Rs.22.34, net worth per share is Rs.133.21 and PE ratio at 6.36 times.
- sharesansar
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