Public Sector lender, Dena Bank, witnessed a rise in share price on Friday after ahead of it's fourth quarter earnings today.
For the third quarter, the bank posted 13% growth in net profit to Rs 765 million in the third quarter ended Dec. 31, 2014. The public sector bank's net profit in the same quarter last year stood at Rs 678 million. Total income has increased to Rs 28.67 billion for the quarter from Rs 26.62 billion for the quarter ended Dec. 31, 2013.
Shares of the bank are trading at Rs 52.95, up Rs 2.55, or 5.06% at the Bombay Stock Exchange (BSE) on Friday at 11:18 a.m.
Total volume of shares traded on the bourses today was lower by 41.28% to 1,224,775 compared with 22-day average volume of 2,085,845.