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Syndicate Bank trades in pink of its health on BSE

14 Nov 2014 Evaluate

Syndicate Bank is currently trading at Rs. 127.45, up by 1.25 points or 0.99% from its previous closing of Rs. 126.20 on the BSE.

The scrip opened at Rs. 126.50 and has touched a high and low of Rs. 127.80 and Rs. 125.10 respectively. So far 100268 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. 77.95 on 30-Jan-2014.

Last one week high and low of the scrip stood at Rs. 132.80 and Rs. 123.20 respectively. The current market cap of the company is Rs. 7963.45 crore.

The promoters holding in the company stood at 67.39 % while Institutions and Non-Institutions held 19.84 % and 12.77 % respectively.

Syndicate Bank, a state-run bank, has opened a mid-corporate branch at Daba Gardens in Visakhapatnam, Andhra Pradesh. The region as on date has a total business of Rs 1,690 crore and for increasing its business the bank decided to open five new branches in the region. Apart from this, the bank also has plans to set up branches overseas. The bank is approaching agencies concerned for permission to open branches in Hong Kong, Dubai Financial Centre, South Africa and China.

Syndicate Bank (SB) is a Manipal-based public sector bank which was established in 1925. The bank has registered 32.86% fall in its net profit at Rs 315.60 crore for second quarter ended September 30, 2014 as compared to Rs 470.12 crore for the same quarter in the previous year. However, total income of the bank has increased 17.12% at Rs 5680.96 crore for Q2FY15 as compared Rs 4850.35 crore for the corresponding quarter 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 1107.65
PNB 114.20
Canara Bank 142.95
Bank Of Baroda 279.75
Union Bank Of India 187.85
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