Indian Bank is currently trading at Rs. 231.80, up by 1.80 points or 0.78% from its previous closing of Rs. 230.00 on the BSE.
The scrip opened at Rs. 229.00 and has touched a high and low of Rs. 231.85 and Rs. 229.00 respectively. So far 2084 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 254.15 on 28-Apr-2011 and a 52 week low of Rs. 166.50 on 21-Dec-2011.
Last one week high and low of the scrip stood at Rs. 235.10 and Rs. 210.65 respectively. The current market cap of the company is Rs. 9927.69 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 13.97% and 6.03% respectively.
Indian Bank has received an approval for the proposed scheme of amalgamation of Indfund Management, a wholly owned subsidiary of the bank with Indian Bank.
Indian Bank is a mid-sized government bank with over 1,860 branches across India, one branch in Singapore and two in Sri Lanka. It has a particularly strong presence in Tamil Nadu.
The bank‘s net profit for the quarter has moderately rose by 7.05% at Rs 525.93 crore as compared to Rs 491.29 crore for the December quarter of the previous fiscal. The bank’s total income has increased by 32.75% at Rs 3,505.26 crore for the quarter under review from Rs 2,640.58 crore for the December quarter of the previous fiscal.
Company Name | CMP |
---|---|
SBI | 812.50 |
Bank Of Baroda | 240.30 |
Canara Bank | 99.65 |
PNB | 100.70 |
Union Bank Of India | 116.60 |
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