Meanwhile, the BSE Sensex was down 191.79 points, or 1.13%, to 16,817.38.

On BSE, 8.76 lakh shares were traded in the counter as against an average daily volume of 3.81 lakh shares in the past one quarter.

The stock hit a high of Rs 132.25 and a low of Rs 122.55 so far during. The stock had hit a 52-week high of Rs 132.60 on 21 October 2009 and a 52-week low of Rs 36.85 on 6 March 2009.

The stock has fallen 5.54% in just two trading sessions from a recent high of Rs 130.95 on 20 October 2009. Earlier, the stock had risen 21.14% in eight trading sessions to Rs 130.95 on 20 October 2009 from a recent low of Rs 108.10 on 7 October 2009 ahead of results.

The mid-cap bank stock had outperformed the market over the past one month till 21 October 2009, rising 13.67% as compared to the Sensex's 1.60% rise. It had also outperformed the market in the past one quarter, gaining 49.33% as compared to the Sensex's return of 12.92%.

The bank's equity capital is Rs 446.70 crore. Face value per share is Rs 10.

The current price of Rs 123.70 discounts the bank's Q1 June 2009 annualized EPS of Rs 27.12, by a PE multiple of 4.56.

The ratio of gross non-performing assets (NPA) decreased to 1.78% as on 30 September 2009 from 1.93% as on 30 September 2008. The net NPAs as of 30 September 2009 was at 0.35%, lower than 0.85% as on 30 September 2008.

Allahabad Bank's net profit spurted 700.36% to Rs 333.59 crore on 23.99% rise in total income to Rs 2451.52 crore in Q2 September 2009 over Q2 September 2008. The bank announced the results during trading hours today, 22 October 2009.

The bank's capital adequacy ratio (CAR) was 14.90% as on 30 September 2009, which is above the stipulated norm of 9%.

Allahabad Bank provides treasury and banking operations. The activities include accepting deposits, lending loans and to provide other financial related services.

The government of India holds 55.23% stake in Allahabad Bank (as on 30 September 2009).