Allahabad Bank (ALBK.EQ-IN)

QUOTE AND NEWS
The Economic Times  Nov 12  Comment 
State-owned bank Allahabad Bank’s scrip has gained 11% in the first eight trading days of November compared to the 5% gains registered by the Nifty.
The Economic Times  Nov 12  Comment 
State-owned bank Allahabad Bank’s scrip has gained 11% in the first eight trading days of November compared to the 5% gains registered by the Nifty.
The Economic Times  Nov 6  Comment 
Sandeep Wagle, Chief Technical Analyst, Angel Broking feels that the Nifty will be range bound between 4600-4680 on the lower side and 4860-4930 on the higher side. Here is what he told ET Now this morning
The Economic Times  Oct 22  Comment 
Spurred by an over 200% growth in non-interest income, Kolkata-based Allahabad Bank reported an eight-fold jump in net profit at Rs 333.6 crore for the quarter ended September 2009 from a modest Rs 41.7 crore in the earlier corresponding period.
Reuters  Oct 22  Comment 
Allahabad Bank said on Thursday its profits soared on the back of treasury income and falling cost of deposits, beating analyst estimates.
Reuters  Oct 22  Comment 
State-run Allahabad Bank expects to maintain net interest margin at 2.88 percent in 2009/10 despite liquidity pressure, chairman and managing director K R Kamath said on Thursday.
The Economic Times  Sep 5  Comment 
Allahabad Bank has reported a net profit of Rs302.9 cr in the first quarter of FY10, indicating a growth of 224.4%.
Business Standard  Sep 2  Comment 
Allahabad Bank is restructuring its financial services subsidiary, AllBank Finance Ltd, to widen its operations, currently limited to merchant banking services and allied fee-based activities like distribution of mutual funds.
INVESTORS PLEASE LISTEN !  Jul 20  Comment 
CMP: Rs 79                             Target Price: Rs 100 Allahabad Bank reported a net profit of Rs3.0bn for Q1FY10, ahead of our expectation, driven by slightly better than expected NII and strong...
Reuters  Jul 20  Comment 
State-run Allahabad Bank beat forecasts by posting an over threefold rise in April-June net profit on higher treasury and interest income.
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Allahabad is a public sector bank in India. It is a component of the wider Nifty Midcap-50 index and is available for trading both in the Cash segment and the Futures and Options segment.

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