The Jammu & Kashmir Bank is currently trading at Rs. 86.85, up by 0.75 points or 0.87% from its previous closing of Rs. 86.10 on the BSE.
The scrip opened at Rs. 87.00 and has touched a high and low of Rs. 87.30 and Rs. 85.90 respectively. So far 23984 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 161.10 on 22-Jan-2015 and a 52 week low of Rs. 80.75 on 09-Nov-2015.
Last one week high and low of the scrip stood at Rs. 87.40 and Rs. 83.05 respectively. The current market cap of the company is Rs. 4171.51 crore.
The promoters holding in the company stood at 53.17% while Institutions and Non-Institutions held 32.12% and 14.71% respectively
Jammu & Kashmir Bank (J&K Bank) has inaugurated the new premises of Business Unit at Ladoora in Rafiabad. The bank has also dedicated one more ATM to public at Nehalpora Pattan, Jammu & Kashmir. With this ATM, the total number of such teller machines in the Zone has reached to 119. This is part of bank commitment to provide world class banking services and products besides comfortable ambience for public convenience.
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. J&K Bank holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.
