{"id":371,"date":"2014-03-11T14:15:00","date_gmt":"2014-03-11T14:15:00","guid":{"rendered":"http:\/\/kashmir-today.net\/jk-bank-shares-touch-rs-1550-at-bse-nse\/"},"modified":"2014-03-11T14:15:00","modified_gmt":"2014-03-11T14:15:00","slug":"jk-bank-shares-touch-rs-1550-at-bse-nse","status":"publish","type":"post","link":"https:\/\/kashmir.watch\/?p=371","title":{"rendered":"JK Bank Shares Touch Rs 1550 At BSE, NSE"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\">\n<div><b style=\"font-family: Georgia, 'Times New Roman', serif;\">Srinagar:<\/b><span style=\"font-family: Georgia, 'Times New Roman', serif;\"> Private sector J&amp;K Bank share price while recording an appreciation of 4.6% crossed Rs 1,550 mark on Tuesday. It touched all time high of Rs 1551 on BSE and Rs 1550 on NSE.<\/span><\/div>\n<div><span style=\"font-family: Georgia, Times New Roman, serif;\">With a remarkable surge of Rs.67.95, the Bank\u2019s share price stood at Rs 1543.80 at BSE and Rs 1542.60 at NSE when the markets closed.<o:p><\/o:p><\/span><\/div>\n<div><span style=\"font-family: Georgia, Times New Roman, serif;\">The share saw a brisk trading of more than 1.80 lac shares during the day.<o:p><\/o:p><\/span><\/div>\n<div><span style=\"font-family: Georgia, Times New Roman, serif;\">Though overall behaviour of the market during the day was reasonably bullish, J&amp;K Bank stocks have put up an outstanding performance, said a market analyst.<o:p><\/o:p><\/span><\/div>\n<div><span style=\"font-family: Georgia, Times New Roman, serif;\">\u201cIf you look at weekly charts, the bank\u2019s trading patterns have shown great resilience and are highly positive. This speaks about the market\u2019s confidence in the bank\u201d, he added.<o:p><\/o:p><\/span><\/div>\n<div><span style=\"font-family: Georgia, Times New Roman, serif;\">Notably, Portfolio Manager, PN Vijay, had recently told media that \u201cI have been trying to do some value mining in the public sector bank space which has been hit hard due to fears of bad performing loans. Jammu and Kashmir Bank is not normally on investors\u2019 radar but it is an excellent bank with an excellent balance sheet and growth.<o:p><\/o:p><\/span><\/div>\n<p><span style=\"font-family: Georgia, 'Times New Roman', serif;\">Some more renowned portfolio managers have been advising investors to look at J&amp;K Bank as a stock to add up to their portfolio. \u201cOn the whole, the balance sheet (of the bank) is very healthy by any standards and I would say it is far better than most of the private sector banks\u201d, they said.<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Srinagar: Private sector J&amp;K Bank share price while recording an appreciation of 4.6% crossed Rs 1,550 mark on Tuesday. It touched all time high of Rs 1551 on BSE and Rs 1550 on NSE. With a remarkable surge of Rs.67.95, the Bank\u2019s share price stood at Rs 1543.80 at BSE and Rs 1542.60 at NSE [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-371","post","type-post","status-publish","format-standard","hentry","category-union-territory"],"_links":{"self":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=371"}],"version-history":[{"count":0,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/371\/revisions"}],"wp:attachment":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}