Jammu and Kashmir Bank’s stock has jumped 150% in a year
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The headquarter of J&K Bank is in Srinagar. It was established in 1938. The Jammu and Kashmir government has 63.4 per cent stake in it. Today the company’s stock opened at Rs 71.03. It went as high as Rs 71.75 and went as low as Rs 70.17 in early trade. Right now it is trading at Rs 70.48 with a fall of 0.49 per cent. The stock’s 52 week high is Rs 77 and low is Rs 26.70. It is currently trading at a TTM PE of 5.05 times as against industry PE of 15.2 times. The company has a ROCE of 5.11% and ROE of 14.6% while it has a market cap of Rs 6,777 crore.
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