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Jammu Kashmir (J&K) Bank paid advance tax of ₹152 crore for the last quarter of the current financial year 2013-14.
The private sector bank paid a total advance tax of ₹593 crore, which is 18.36 per cent higher than the tax paid for the last financial year.
Notably, last week the bank’s share price touched a 52-week high of ₹1,551 on BSE and ₹1,550 on the National Stock Exchange. It ended weaker by 0.62 per cent (9.40 points) at ₹1,515 per share.
On the Bombay Stock Exchange, the shares ended 0.54 per cent weaker by 8.20 points to close at ₹1,514 per share on Saturday.
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