Corporation Bank is currently trading at Rs 43.80, up by 0.15 points or 0.34% from its previous closing of Rs 43.65 on the BSE.
The scrip opened at Rs. 43.70 and has touched a high and low of Rs. 43.90 and Rs. 43.40 respectively. So far 28683 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 48.00 on 18-Sep-2015 and a 52 week low of Rs. 30.75 on 25-Feb-2016.
Last one week high and low of the scrip stood at Rs. 46.30 and Rs. 42.65 respectively. The current market cap of the company is Rs. 5001.17 crore.
The promoters holding in the company stood at 67.20%, while Institutions and Non-Institutions held 26.51% and 6.29% respectively.
Corporation Bank is planning to raise Rs 507.99 crore through preferential issue to government. In this regard, the bank’s shareholders gave approval at their meeting held on September 15, 2016.
The bank informed the BSE that the extraordinary general meeting of shareholders on Thursday approved a special resolution to issue 12,45,70,868 equity shares at an issue price of Rs 40.78 per share to the government on preferential basis.
Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906. Government of India is the majority shareholder holding 59.82% stake in the bank.
| 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.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: