The table below shows the Dena Bank Portfolio based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price |
Gujarat State Financial Corp | 244.97 | 27.00 |
KJMC Financial Services Ltd | 32.02 | 64.12 |
KJMC Corporate Advisors (India) Ltd | 24.34 | 64.85 |
Content:
- What is Dena Bank?
- Best Dena Bank Portfolio Stocks
- Top Dena Bank Portfolio Stocks
- Dena Bank’s Net Worth
- How To Invest In Dena Bank Portfolio Stocks?
- Performance Metrics Of Dena Bank Portfolio Stocks
- Benefits Of Investing In Dena Bank Portfolio Stocks
- Challenges Of Investing In Dena Bank Portfolio Stocks
- Introduction To Dena Bank Portfolio Stocks
- Dena Bank Portfolio Stocks – FAQs
What is Dena Bank?
Dena Bank was a government-owned bank in India, established in 1938 in Mumbai. It was known for offering a variety of banking products and services, including consumer banking, corporate banking, and finance and insurance solutions. In 2019, Dena Bank was merged with Bank of Baroda and Vijaya Bank to create a larger, more robust financial entity under the name Bank of Baroda.
Best Dena Bank Portfolio Stocks
The table below shows Best Dena Bank Portfolio Stocks based on 1 Year Return.
Name | 1Y Return % | Close Price |
Gujarat State Financial Corp | 322.54 | 27.00 |
KJMC Financial Services Ltd | 88.31 | 64.12 |
KJMC Corporate Advisors (India) Ltd | 76.03 | 64.85 |
Top Dena Bank Portfolio Stocks
The table below shows the Top Dena Bank Portfolio Stocks based on the highest day Volume.
Name | Daily Volume | Close Price |
Gujarat State Financial Corp | 31,106.00 | 27.00 |
KJMC Financial Services Ltd | 2,817.00 | 64.12 |
KJMC Corporate Advisors (India) Ltd | 1,965.00 | 64.85 |
Dena Bank’s Net Worth
Dena Bank has a net worth exceeding ₹1.1 crores, reflecting its financial stability and robust asset management in the banking sector.
How To Invest In Dena Bank Portfolio Stocks?
Since Dena Bank was merged into Bank of Baroda in 2019, it no longer exists as an independent entity, and therefore, you cannot invest directly in Dena Bank portfolio stocks. Instead, you can invest in Bank of Baroda, which now includes Dena Bank’s operations. To do so, open a brokerage account, research Bank of Baroda’s current financial standing, and purchase its shares.
Performance Metrics Of Dena Bank Portfolio Stocks
Performance Metrics of Dena Bank Portfolio Stocks include :
- Earnings Per Share (EPS): Reflects the company’s profitability distributed per outstanding share.
- Return on Equity (ROE): Measures how effectively management is using a company’s assets to create profits.
- Price to Earnings Ratio (P/E): Compares the company’s share price to its per-share earnings.
- Debt to Equity Ratio: This evaluates the company’s financial leverage by comparing its total liabilities to its shareholders’ equity.
- Market Capitalization: Indicates the total market value of the company’s outstanding shares.
- Dividend Yield: This shows the percentage of the company’s share price that is returned to shareholders as dividends, indicating income stability.
Benefits Of Investing In Dena Bank Portfolio Stocks
The main benefits of investing in Dena Bank, now part of Bank of Baroda, include consolidated strength, wider service offerings, and enhanced market presence.
- Consolidated Strength: The merger with the Bank of Baroda brought increased financial stability and a larger asset base, reducing risk and offering more security to investors.
- Wider Service Offerings: With the merger, customers and investors now benefit from a broader range of banking products and services, enhancing customer satisfaction and potential for cross-selling.
- Enhanced Market Presence: The combined entity has a more extensive network and increased market share, making it more competitive nationally and internationally, potentially driving up stock value.
Challenges Of Investing In Dena Bank Portfolio Stocks
The main challenges of investing in Dena Bank portfolio stocks now merged into Bank of Baroda, include integration complexities, increased operational risks, and potential dilution of value.
- Integration Complexities: Merging bank systems and cultures can lead to temporary inefficiencies and disruptions, impacting customer service and operational performance.
- Increased Operational Risks: The consolidation process might expose the bank to higher operational risks, including cybersecurity threats and data management issues, as systems are integrated.
- Potential Dilution of Value: For existing shareholders, mergers can lead to dilution of share value. The increased number of shares issued to accommodate the merger might reduce individual share value and affect returns.
Introduction To Dena Bank Portfolio Stocks
Gujarat State Financial Corp
The Market Cap of Gujarat State Financial Corp is ₹244.97 Crores. The stock has a monthly return of 7.41% and a 1-year return of 322.54%. It is currently 48.00% away from its 52-week high.
Gujarat State Financial Corp (GSFC) is a leading financial institution that provides a range of financial services, including loans and investment opportunities. GSFC focuses on supporting small and medium enterprises (SMEs) to foster economic growth in the region.
With a strong commitment to excellence, GSFC leverages its extensive industry knowledge and experience to offer customized financial solutions. The corporation’s strategic initiatives aim to enhance financial inclusion and support sustainable development across Gujarat.
KJMC Financial Services Ltd
The Market Cap of KJMC Financial Services Ltd is ₹32.02 Crores. The stock has a monthly return of -4.41% and a 1-year return of 88.31%. It is currently 22.43% away from its 52-week high.
KJMC Financial Services Ltd offers comprehensive financial solutions, including investment banking, wealth management, and advisory services. The company’s client-centric approach ensures that each financial plan is tailored to meet the unique needs of its clients.
By employing advanced financial strategies and market insights, KJMC Financial Services Ltd helps clients achieve their financial goals. The company’s commitment to integrity and excellence has established it as a trusted name in the financial services industry.
KJMC Corporate Advisors (India) Ltd
The Market Cap of KJMC Corporate Advisors (India) Ltd is ₹24.34 Crores. The stock has a monthly return of 15.04% and a 1-year return of 76.03%. It is currently 11.69% away from its 52-week high.
KJMC Corporate Advisors (India) Ltd specializes in providing high-quality corporate advisory services, including mergers and acquisitions, capital restructuring, and strategic planning. Their expertise helps businesses navigate complex financial landscapes and achieve long-term success.
The company’s dedicated team of professionals offers insightful and strategic advice to optimize business operations and enhance corporate value. KJMC Corporate Advisors (India) Ltd is known for its innovative solutions and commitment to client satisfaction.
Dena Bank Portfolio Stocks – FAQs
Stocks Held By Dena Bank # 1: Gujarat State Financial Corp
Stocks Held By Dena Bank # 2: KJMC Financial Services Ltd
Stocks Held By Dena Bank # 3: KJMC Corporate Advisors (India) Ltd
Stocks Held By Dena Bank are based on Market Capitalization.
The Top Stocks in the Dena Bank Portfolio based on 1-year returns are Gujarat State Financial Corp, KJMC Financial Services Ltd, and KJMC Corporate Advisors (India) Ltd.
Dena Bank was owned by the Government of India before it merged with Bank of Baroda and Vijaya Bank in 2019. Now, it is part of the Bank of Baroda, which is also government-owned.
Dena Bank has a net worth exceeding ₹1.1 crores, reflecting its financial stability and robust asset management in the banking sector.
Since Dena Bank has merged with Bank of Baroda, to invest, open a brokerage account, research Bank of Baroda’s performance, and purchase its shares through your chosen trading platform.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.