Canara Bank is currently trading at Rs. 219.70, up by 0.75 points or 0.34% from its previous closing of Rs. 218.95 on the BSE.
The scrip opened at Rs. 220.00 and has touched a high and low of Rs. 222.10 and Rs. 219.60 respectively. So far 54,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 478.40 on 28-Jan-2015 and a 52 week low of Rs. 218.00 on 07-Jan-2016.
Last one week high and low of the scrip stood at Rs. 238.45 and Rs. 218.00 respectively. The current market cap of the company is Rs. 11,932.00 crore.
The promoters holding in the company stood at 66.30% while Institutions and Non-Institutions held 27.00% and 6.71% respectively.
Canara Bank has successfully raised Rs 900 crore under BASEL-III Compliant Tier-II Bonds on January 07, 2016 with a coupon of 8.40% per annum. With this, the bank has raised Rs 2,400 Crore under BASEL-III Compliant Tier-II Bonds during the current financial year - 2015-16.
Earlier, as per the powers delegated by the board of the bank, the bond committee has decided to raise Basel III Compliant Tier -II Bonds amounting to Rs 900 crore (as Series - II) by way of Private Placement.
The bank has reported 40.65% fall in its net profit at Rs 478.84 crore for first quarter ended June 30, 2015 as compared to Rs 806.86 crore for the same quarter in the previous year. However, total income of the bank has increased by 4.47% at Rs 12252.64 crore for quarter under review as compared to Rs 11728.01 crore for the quarter ended June 30, 2014.
