Stocks to Watch, 06 October: Stocks like HDFC Bank, Bajaj Finance, IndusInd Bank, Aditya Birla Lifestyle Brands, Lupin, Infosys, Ceigall India, Sobha, Kotak Mahindra Bank, Pace Digitek, Yes Bank, Ujjivan Small Finance Bank, and Canara Bank will be in focus on October 06.
Stocks to Watch, 22 July: Stocks like Titan Company, Bajaj Finance, PNB Housing Finance, Oberoi Realty, Havells India, 360 One WAM, Arisinfra Solutions, BL Kashyap and Sons, Afcons Infrastructure, and Lemon Tree Hotels will be in focus on July 22.
Stocks to Watch, 7 July: Stocks like IndusInd Bank, Bank of India, Godrej Consumer Products, Dabur India, Senco Gold, Rail Vikas Nigam, Hazoor Multi Projects, BEML, Mahindra Lifespace Developers, Shilpa Medicare, and Tata Steel will be in focus on July 7.
Earnings reactions | Kalyan Jewellers shares rose over 1.5 percent while Dhanlaxmi Bank saw its share price jump by over 2.3 percent on May 9.
Stocks To Watch, Mar 20: Stocks like Raymond, Adani Enterprises, Mishra Dhatu Nigam, Can Fin Homes, HIL, SBFC Finance, and Mahindra Lifespace Developers will be in focus on March 20.
Stocks To Watch Today, Jan 6: Stocks like Indian Bank, ESAF Small Finance Bank, Equitas Small Finance Bank, Ujjivan Small Finance Bank, Union Bank of India, IDBI Bank, Adani Wilmar, Vedanta, L&T Finance, Mahindra & Mahindra Financial Services, UCO Bank, Marico, ICICI Bank, and JSW Infrastructure will be in focus on January 6.
Stocks To Watch Today, Dec 31: Stocks like Rail Vikas Nigam, CESC, Dhanlaxmi Bank, Jubilant Ingrevia, Adani Green Energy, Archean Chemical Industries, Century Enka, Bank of India, Prataap Snacks, Power Grid Corporation of India, SBI Life Insurance Company, and GMR Airports Infrastructure will also be in focus on December 31.
Stocks To Watch, Dec 20: Stocks like Hindustan Construction Company, Dhanlaxmi Bank, Tolins Tyres, InterGlobe Aviation, Zodiac Energy, AU Small Finance Bank, HG Infra Engineering, Hyundai Motor India, Bharti Airtel, New India Assurance Company, and AGS Transact Technologies willl also be in focus on December 20.
Stocks like Max Financial Services, ICICI Prudential Life Insurance Company, Mahindra & Mahindra Financial Services, IIFL Securities, Can Fin Homes, Shoppers Stop, Chennai Petroleum Corporation, and Cigniti Technologies will also be in focus on October 23.
Induslnd Bank, Poonawalla Fincorp, AU Small Finance Bank, Godrej Properties, Macrotech Developers, Federal Bank, Metropolis Healthcare, Antony Waste Handling Cell, and One 97 Communications Paytm will be in focus on October 7.
Dhanlaxmi Bank reported profit of Rs 28.3 crore in Q1FY24
ITC, InterGlobe Aviation, Honasa Consumer, Bayer Cropscience, Cello World, CESC, Concord Biotech, Finolex Cables, Page Industries, Tata Investment Corporation, and Zaggle Prepaid Ocean Services will release March quarter earnings on May 23.
On January 16, Moneycontrol had exclusively reported that Ajith Kumar is one of the five names sent to RBI by the bank for the CEO post. Interestingly, Ajith Kumar was part of the final list of candidates for the CEO post on two earlier occasions also.
The Capital Adequacy Ratio (CAR) of the bank stood at 12.37 percent as of end-March 2023
The Kerla-based bank needs to act urgently on raising capital. Failure could likely attract the RBI action. The regulator has powers to supersede the Board if the capital position is deemed inadequate.
The bank's interest income rose to Rs 308 crore compared to Rs 276 crore in the third quarter of the previous year.
Earlier, Moneycontrol had reported that a total of five names have been shortlisted after the interview for the CEO post and these names are now under the scrutiny of the RBI
A total of five names have been shortlisted after the interview. These names are now under the scrutiny of the RBI as the term of the existing CEO Shivan JK is set to end on January 29, 2024.
A penalty of Rs 1.20 crore has been slapped on Dhanlaxmi Bank for non-compliance with certain directions on 'Loans and Advances' Statutory and Other Restrictions', KYC and certain norms related to interest rate on deposits, the Reserve Bank of India (RBI) said.
The central bank imposed Rs 1.20 crore on Dhanlaxmi Bank, Rs 1 crore on Punjab and Sind Bank, and Rs 29.55 lakh penalty on ESAF Small Finance Bank
Gopinathan has a 7.5 percent stake in the bank as of September 2023
The robust quarterly update sparked hopes of strong earnings performance for the September quarter, prompting investors to lap up shares of Dhanlaxmi Bank
Madhusoodanan will be part-time chairman of the Kerala-based bank for a period of three years.
About 1641 shares advanced, 2005 shares declined, and 167 shares were unchanged.
Dhanlaxmi Bank stock has given a return of 100.12 percent over the last six months. The benchmark Nifty Bank index has given a return of 17.45 percent over the same duration.