Karur Vysya Bank is currently trading at Rs. 480.00, up by 10.30 points or 2.19 % from its previous closing of Rs. 469.70 on the BSE.
The scrip opened at Rs. 476.20 and has touched a high and low of Rs. 483.00 and Rs. 475.25 respectively. So far 4171 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 509.90 on 07-Jul-2014 and a 52 week low of Rs. 297.65 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs. 476.00 and Rs. 450.00 respectively. The current market cap of the company is Rs. 5160.18 crore.
The promoters holding in the company stood at 2.51 % while Institutions and Non-Institutions held 37.53 % and 59.97 % respectively.
Karur Vysya Bank (KVB), a private sector lender has launched a share sale to raise up to Rs 1000 crore from institutional investors. The floor price for the sale is Rs 461.70 per share.
Recently, the bank opened a new branch at Vizag-Seethammadhara in Andhra Pradesh. With this, the bank’s branch network has grown to 593.
Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.
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