Indian Bank trades with traction on the bourses

04 Jan 2017 Evaluate

Indian Bank is currently trading at Rs. 227.15, up by 3.60 points or 1.61% from its previous closing of Rs. 223.55 on the BSE.

The scrip opened at Rs. 225.75 and has touched a high and low of Rs. 229.20 and Rs. 225.35 respectively. So far 18404 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 275.90 on 11-Nov-2016 and a 52 week low of Rs. 76.00 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 231.00 and Rs. 209.55 respectively. The current market cap of the company is Rs. 10974.66 crore.

The promoters holding in the company stood at 82.10%, while institutions and non-institutions held 15.02% and 2.88% respectively.

Indian Bank has rolled out Unified Payment Interface (UPI) app to tackle transactions with ease, following demonetisation. The app will enable Indian Bank’s customers to send and receive money using their smartphones. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing and merchant payments.

It introduced USSD banking, under which customers and merchants can register their details through their mobile phone by calling *99*58#. This unique platform will empower the customers to make payment directly to, among others, a mobile number and virtual public address without internet connection.

Indian Bank offers wide range of services in Personal Banking, Corporate Banking, Mobile banking and Phone banking etc.

Indian Bank Share Price

541.20 3.85 (0.72%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
SBI 811.85
Bank Of Baroda 245.20
Canara Bank 100.60
PNB 101.65
Union Bank Of India 118.10
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