Indian Bank is currently trading at Rs. 170.60, up by 1.80 points or 1.07% from its previous closing of Rs. 168.80 on the BSE.
The scrip opened at Rs. 170.00 and has touched a high and low of Rs. 170.60 and Rs. 169.25 respectively. So far 705 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 224.20 on 01-Jan-2015 and a 52 week low of Rs. 105.15 on 26-Mar-2014.
Last one week high and low of the scrip stood at Rs. 179.35 and Rs. 165.00 respectively. The current market cap of the company is Rs. 7874.53 crore.
The promoters holding in the company stood at 81.51% while Institutions and Non-Institutions held 14.59% and 3.90% respectively.
Indian Bank, a public sector lender has received its shareholders' approval for allotment of 15.4 million equity shares of Rs 10 face value at an issue price of Rs 181.31 a share to the Government of India (GOI) on preferential basis.
The issue is pursuant to the Centre's decision to infuse capital of Rs 280 crore in the bank by way of preferential allotment of equity in its favour. Following the issue, the holding of the government of India will increase to 39.43 crore equity shares, representing 82.10% of the bank's paid-up capital against the present level of 81.51%.
Indian Bank has registered a rise of 4.92% in its net profit at Rs 277.52 crore for third quarter ended December 31, 2014 as compared to Rs 264.5 crore for the same quarter in the previous year. Total income of the bank has increased 5.09 % at Rs 4321.46 crore for Q3FY15 as compared Rs 4112.33 crore for the corresponding quarter previous year.
Company Name | CMP |
---|---|
SBI | 820.95 |
Bank Of Baroda | 246.25 |
Canara Bank | 101.10 |
PNB | 101.40 |
Union Bank Of India | 119.20 |
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