Jammu and Kashmir Bank Ltd Share Price Today, J&KBANK Share Price NSE, BSE (2024)

FAQs

Is J&K bank a good stock to buy? ›

Jammu & Kashmir Bank has TTM P/E ratio 6.61 as compared to the sector P/E of 9.01. There are 1 analysts who have initiated coverage on Jammu & Kashmir Bank. There are 1 analysts who have given it a strong buy rating & 0 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

As per technical data, the minimum share price target in 2024 for J&KBANK is expected to be ₹157.48 and the maximum price target for 2024 will be ₹236.65.

Jammu and Kashmir Bank is forecast to grow earnings and revenue by 1.2% and 18.9% per annum respectively while EPS is expected to decline by 0.6% per annum.

For the year ending March 2024 Jammu and Kashmir Bank has declared an equity dividend of 215.00% amounting to Rs 2.15 per share. At the current share price of Rs 104.57 this results in a dividend yield of 2.06%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

Johnson & Johnson as a company is chugging along, generating some decent growth numbers. Its stock trades at a modest 14 times its estimated future earnings (based on analyst estimates). Combined with its high dividend, it can make for an appealing value investment to buy and hold.

The Bank's Net interest income (NII) grew by 7% YoY to Rs 1,369.22 crore in the first quarter of current financial year, while as, the Net Interest Margin (NIM) has improved by 9 basis points QoQ to 3.86% from 3.77% registered in Q4FY24.

2014) SRINAGAR: J&K Bank share Tuesday jumped to its highest ever price of Rs 1635 on NSE and Rs 1629 on BSE as the bank was among top gainers in Group A companies. The stock recorded an appreciation of 5.56 pc and 5.04 pc at NSE and BSE respectively.

Reliance Industries Ltd (RIL) Share Price as on 17 September 2024 is Rs. 2940.

Profile of the Bank

Government of Jammu & Kashmir & Ladakh holds majority shareholding of 59.40% in the Bank as on June 30, 2024. Bank has a network of 1001 branches and 1425 ATMs as on June 30, 2024 spread over 18 states and 4 UTs across the country.

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HDFC Bank

The strength of this bank lies in its 120 million customers and innovative banking products like PayZapp, MobileBanking, SME Digital and Cardless Cash. HDFC is noted for its high-worth customers and its reach in rural areas. But why is this stock worth investing in? Check out the pointers.

“With the QIP, our net worth has crossed Rs 10000 Cr for the first time and is currently above Rs 11000 Cr”, MD & CEO added.

The intrinsic value of one J&KBANK stock under the Base Case scenario is 164.38 INR. Compared to the current market price of 108.64 INR, Jammu and Kashmir Bank Ltd is Undervalued by 34%.

Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. J&K Bank was incorporated on 1 October 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh.