Jammu & Kashmir Bank is currently trading at Rs. 173.95, up by 5.10 points or 3.02% from its previous closing of Rs. 168.85 on the BSE.
The scrip opened at Rs. 172.15 and has touched a high and low of Rs. 175.00 and Rs. 170.00 respectively. So far 136205 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 199.50 on 16-May-2014 and a 52 week low of Rs. 106.92 on 05-Sep-2013.
Last one week high and low of the scrip stood at Rs. 176.95 and Rs. 149.98 respectively. The current market cap of the company is Rs. 8432.71 crore.
The promoters holding in the company stood at 53.17% while Institutions and Non-Institutions held 32.50% and 14.33% respectively.
Jammu & Kashmir Bank (J&K Bank) has co-hosted a one-day seminar-cum-workshop on Credit Guarantee Fund Scheme with J&K Industries and Commerce Department and Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). The purpose of conducting the seminar was to bring various stake-holders in the scheme face-to-face with people from industry and deliberate upon the features and benefits that the scheme holds for betterment of industry in general and entrepreneurs in particular. The main focus of the scheme has been to reach to every nook and corner of the state and help out the MSE sector.
Jammu & Kashmir Bank is the only state government owned bank in the country with the Government of J&K (GoJK) holding around 53% shareholding in the bank. JKB holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.
| Company Name | CMP |
|---|---|
| HDFC Bank | 794.30 |
| ICICI Bank | 1368.35 |
| Axis Bank | 1366.40 |
| Kotak Mahindra Bank | 382.45 |
| Indusind Bank | 850.80 |
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