Canara Bank is currently trading at Rs. 313.50, up by 8.35 points or 2.74% from its previous closing of Rs. 305.15 on the BSE.
The scrip opened at Rs. 306.50 and has touched a high and low of Rs. 314.00 and Rs. 305.55 respectively. So far 324763 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 339.20 on 05-Oct-2016 and a 52 week low of Rs. 156.20 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 323.00 and Rs. 302.55 respectively. The current market cap of the company is Rs. 16838.15 crore.
The promoters holding in the company stood at 66.30%, while Institutions and Non-Institutions held 26.60% and 7.10% respectively.
Canara Bank, a leading nationalized bank, has decided to raise up to Rs 2500 crore in one or more tranches by issuing Basel-III compliant bonds. The Bank is raising this capital to maintain healthy CRAR (Capital to Risk (Weighted) Assets Ratio) during the current financial year.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.
