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Syndicate Bank trades higher on the BSE

Syndicate Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532276 | NSE: SYNDIBANK

23 Sep 2014 Evaluate

Syndicate Bank is currently trading at Rs. 125.50, up by 0.35 points or 0.28% from its previous closing of Rs. 125.15 on the BSE.

The scrip opened at Rs. 126.00 and has touched a high and low of Rs. 126.50 and Rs. 123.70 respectively. So far 76350 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 10 has touched a 52 week high of Rs. 179.10 on 04-Jul-2014 and a 52 week low of Rs. 66.00 on 30-Sep-2013.

Last one week high and low of the scrip stood at Rs. 133.40 and Rs. 122.75 respectively. The current market cap of the company is Rs. 7738.60 crore.

The promoters holding in the company stood at 67.39% while Institutions and Non-Institutions held 20.50% and 12.11% respectively.

Syndicate Bank, a state-run bank, has opened its 17th mid-corporate branch at Hampankatta in Mangalore. This new mid-corporate branch is a specialized branch catering to credit requirements of borrowers requiring credit limits of Rs 5 crore and above. Besides, this new branch is equipped with specialized credit officers to quickly respond to requirements of borrowers and reducing turn-around time. The bank is planning to open 35 such branches by December 2014.

Syndicate Bank (SB) is a Manipal-based public sector bank which was established in 1925. The bank’s net profit for first quarter ended June 30, 2014 rose by 7.33% at Rs 485.42 crore as compared to Rs 452.28 crore for the quarter ended June 30, 2013. Its total income has increased by 16.86% to Rs 5523.08 crore for the quarter under review from Rs 4726.18 crore for the corresponding quarter of the previous year.

Synd.Bank-Amalgamat Share Price

23.40 0.00 (0.00%)

19-Mar-2020 18:01 View Price Chart

Peers

Company Name	CMP
SBI	1080.35
PNB	114.50
Canara Bank	142.35
Bank Of Baroda	280.00
Union Bank Of India	188.90
View more..

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Syndicate Bank trades higher on the BSE

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