Corporation Bank is currently trading at Rs. 377.25, up by 6.40 points or 1.73% from its previous closing of Rs. 370.85 on the BSE.
The scrip opened at Rs. 376.25 and has touched a high and low of Rs. 382.00 and Rs. 375.00 respectively. So far 2,154 shares were traded on the counter.
The BSE group 'A ' stock of face value Rs. 10 has touched a 52 week high of Rs. 417.50 on 09-Jun-2014 and a 52 week low of Rs. 220.10 on 24-Feb-2014.
Last one week high and low of the scrip stood at Rs. 391.25 and Rs. 358.00 respectively. The current market cap of the company is Rs. 5,774.00 crore.
The promoters holding in the company stood at 63.33% while Institutions and Non-Institutions held 29.56% and 7.11% respectively.
Corporation Bank, a public sector lender, has tied up with Atul Auto for financing commercial vehicles manufactured by the Gujarat-based company. The tie up makes the bank as the preferred financier for financing commercial vehicles of the company.
The bank has signed a Memorandum of Understanding (MoU) with the three-wheeler maker to facilitate finance for those buying its commercial vehicles across India. The bank will offer financing facilities to the eligible customers for purchasing commercial vehicles of the company through its branches.
Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906. Government of India is the majority shareholder holding 59.82% stake in the bank.
| Company Name | CMP |
|---|---|
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