State Bank of Mysore ruling the banking space at Dalal street
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Shares of State Bank of Mysore said its first quarter
The Net NPAs showed a downward trajectory falling to 2.1 percent in the first quarter compared with 2.16 percent in the previous three months. The bank's Gross Non Performing Assets rose marginally to 4.21 percent versus 4 percent in the past sequential quarter, it said in a statement to the exchanges.
State Bank of Mysore surged 31 rupees, or 7.2 percent, at 495 rupees. Nearly 50,000 shares changed hands by 1 pm on the NSE compared with a 5-day average of 14,420 shares.
Despite a stellar performance State Bank of Mysore's market capitalisation has slipped 19 percent in the past one year to 2,213 crore rupees as investors dumped PSU
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(Image credits: Indiatimes)
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