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Dhanlaxmi Bank Shares Fall 13% After Q2 Results

Shares fell as much as 13% on Monday after the bank reported second-quarter results, despite stable sequential asset quality and lower provisions. The supplied body says net profit more than doubled but is truncated before giving further details.

DHANBANK

Shares of Dhanlaxmi Bank Ltd. fell as much as 13% on Monday, October 26, after the lender reported its numbers for the second quarter.The stock fell despite asset quality being stable on a sequential basis and its provisions also declined.Dhanlaxmi Bank's net profit more than doubled during the Sep…