Stock Market Update – Jammu and Kashmir Bank Share Price Target Tomorrow 2024 To 2030

Jammu and Kashmir Bank Ltd., established in 1938, is a prominent banking institution in India. Headquartered in Srinagar, it is a leading bank in the Union Territories of Jammu & Kashmir and Ladakh. The bank provides a wide range of financial services, including personal banking, corporate banking, and digital solutions. Jammu and Kashmir Bank’s Share Price on NSE as of 23 November 2024 is 94.55 INR. Here are more details on Jammu and Kashmir Bank Share Price Target 2024, 2025, 2026 to 2030.

Jammu and Kashmir Bank Ltd: Market Overview

• Open Price: ₹94.57
• High Price: ₹96.59
• Low Price: ₹93.16
• Previous Close: ₹94.45
• Volume: 254,899
• Value (Lacs): ₹241.39
• VWAP: ₹94.83
• UC Limit: ₹113.30
• LC Limit: ₹75.60
• P/E ratio: 5.08
• Div yield: 2.27%
• 52-wk high: ₹152.50
• 52-wk low: ₹88.11
• Mkt cap: ₹10.42KCr
• Face Value: ₹1

Jammu and Kashmir Bank Share Price Chart

Jammu and Kashmir Bank Share Price Target Tomorrow 2024 To 2030

Jammu and Kashmir Bank Share Price Target 2024

Jammu and Kashmir Bank share price target 2024 Expected target could be ₹155. Here are three key factors that could influence Jammu and Kashmir Bank Ltd’s share price target in 2024:

• Strong Regional Growth: As the leading bank in Jammu & Kashmir and Ladakh, economic development and increased business activity in the region can drive higher credit growth and profitability for the bank.
• Improved Asset Quality: Efforts to reduce non-performing assets (NPAs) through better recovery mechanisms and prudent lending practices can strengthen the bank’s financial position and boost investor confidence.

• Digital Transformation: Investments in digital banking services and technology-driven solutions can enhance customer experience, attract a younger customer base, and improve operational efficiency, positively impacting the bank’s growth and share price.

Jammu and Kashmir Bank Share Price Target 2025

Jammu and Kashmir Bank share price target 2025 Expected target could be ₹206. Here are three key factors that could influence Jammu and Kashmir Bank Ltd’s share price target in 2025:

• Expansion Beyond Core Regions: Expanding its footprint outside Jammu & Kashmir and Ladakh can help the bank diversify its customer base and reduce reliance on regional business, driving overall growth.
• Government and Policy Support: Favorable government policies and development initiatives in the region can boost economic activity, increasing demand for loans and banking services, which can enhance the bank’s revenue.

• Focus on Retail and MSME Segments: Strengthening its portfolio in retail and micro, small, and medium enterprise (MSME) sectors can provide stable growth, as these segments typically offer better margins and lower risks compared to large corporate lending.

Jammu and Kashmir Bank Share Price Target 2030

Jammu and Kashmir Bank share price target 2030 Expected target could be ₹446. Here are three potential risks and challenges that could impact Jammu and Kashmir Bank Ltd’s share price target in 2030:

• Regional Dependency: The bank’s heavy reliance on the economic stability and development of Jammu & Kashmir and Ladakh makes it vulnerable to region-specific disruptions, such as political instability or natural calamities, which could affect its operations and growth.
• Asset Quality Pressures: Persistent challenges in managing non-performing assets (NPAs), especially in a region with economic uncertainties, may impact profitability and investor confidence over the long term.

• Intensified Competition: Growing competition from nationalized banks, private sector players, and fintech companies in the region could put pressure on Jammu and Kashmir Bank to retain market share and maintain its competitive edge.

Shareholding Pattern For Jammu and Kashmir Bank Ltd

• Promoters: 59.40%
• Retail and others: 27.48%
• FII: 6.46%
• Mutual Funds: 3.63%
• DII: 3.03%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.jkbank.com/

Jammu and Kashmir Bank Ltd Financials

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