DSIJ Mindshare

For Q4FY19, the bank reported profit after tax (PAT) of Rs. 72.3 crore as against a loss of Rs. 114 crore in Q4FY18. The bank's Net NPAs declined by around 2 per cent in the quarter.

In the fiscal year 2018-19, the Indian Stock market went through a roller coaster ride due to various reasons such as geopolitical tension, trade war, liquidity crisis caused by IL&FS default, rising crude oil prices and weakening of INR.

The company's GNPA and NNPA in Q4FY19 reduced to 2.3 per cent and 1.1 per cent from 3 per cent and 1.7 per cent in Q4FY18, respectively. The provision coverage ratio for the quarter was at 49.8 per cent as against 44.2 per cent in Q4FY18. 

The company has informed a fire broke out at its paint factory situated in Chopanki, Alwar, Rajasthan. No casualty has been reported.

The stocks that are likely to witness significant movement on the bourses on April 30 are SBI Life Insurance Company, Tata Global Beverages, Piramal Enterprises, KPR Mill and HDFC AMC.