Punjab & Sind Bank fell 4.01% to Rs 46.70 at 11:04 IST on BSE after the bank reported net loss of Rs 70.24 crore in Q4 March 2015 compared with net profit of Rs 35.85 crore in Q4 March 2014.
The Q4 result was announced after market hours yesterday, 12 May 2015.
Meanwhile, the S&P BSE Sensex was down 35.09 points or 0.13% at 26,842.39.
On BSE, so far 74,000 shares were traded in the counter as against average daily volume of 39,938 shares in the past one quarter.
The stock hit a high of Rs 49 and a low of Rs 46.20 so far during the day. The stock had hit a 52-week low of Rs 44 on 27 March 2015. The stock had hit a 52-week high of Rs 83.90 on 5 June 2014.
The stock had underperformed the market over the past one month till 12 May 2015, sliding 10.32% compared with Sensex's 6.93% fall. The scrip had also underperformed the market in past one quarter, declining 9.66% as against Sensex's 6.69% fall.
The state-run bank has equity capital of Rs 275.28 crore. Face value per share is Rs 10.
Punjab & Sind Bank's total income fell 1% to Rs 2234.90 crore in Q4 March 2015 over Q4 March 2014.
The bank's ratio of gross non-performing assets (NPAs) to gross advances stood at 4.76% as on 31 March 2015 as against 5.01% as on 31 December 2014 and 4.41% as on 31 March 2014. The ratio of net NPAs to net advances stood at 3.55% as on 31 March 2015 as against 3.81% as on 31 December 2014 and 3.35% as on 31 March 2014.
The bank's Capital Adequacy Ratio (CAR) as per Basel III stood at 11.24% as on 31 March 2015 as against 11.58% as on 31 December 2014 and 11.04% as on 31 March 2014.
Provisions and contingencies rose 7.8% to Rs 262.19 crore in Q4 March 2015 over Q4 March 2014.
The Government of India held 79.62% in Punjab & Sind Bank (as per the shareholding pattern as on 31 March 2015).
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