Corporation Bank is currently trading at Rs. 45.55, up by 0.65 points or 1.45% from its previous closing of Rs. 44.90 on the BSE.
The scrip opened at Rs. 45.60 and has touched a high and low of Rs. 45.70 and Rs. 44.95 respectively. So far 25527 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 51.00 on 16-Nov-2016 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. 49.25 and Rs. 44.30 respectively. The current market cap of the company is Rs. 5219.11 crore.
The promoters holding in the company stood at 70.76%, while institutions and non-institutions held 23.89% and 5.34% respectively.
Corporation Bank has bagged the ‘Best MSME Bank Award 2016’ instituted by Assocham. The Bank has established 177 specialised branches for focused lending to the MSME segment.
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.
