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Karnataka Bank trades with traction on the BSE

09 Dec 2016 Evaluate

Karnataka Bank is currently trading at Rs. 106.95, up by 2.25 points or 2.15% from its previous closing of Rs. 104.70 on the BSE.

The scrip opened at Rs. 105.25 and has touched a high and low of Rs. 107.10 and Rs. 103.60 respectively. So far 212197 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.15 on 24-Oct-2016 and a 52 week low of Rs. 69.11 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 108.95 and Rs. 103.70 respectively. The current market cap of the company is Rs. 3012.21 crore.

The institutions and non-institutions held 31.87% and 68.13% stake in the Bank, respectively.

Karnataka Bank has bagged ‘Best MSME Bank Award (Private sector) 2016’ instituted by The Associated Chambers of Commerce & Industry of India (ASSOCHAM), New Delhi. The bank received the award on December 06, 2016, at New Delhi.

Karnataka Bank is a private sector bank engaged in providing a range of banking and financial services, including retail, corporate banking and para-banking activities in addition to treasury and foreign exchange business. The Bank had 733 branches, 1,297 ATMs and (e-lobbies/Mini e-lobbies) across India, as at June 30, 2016.

Peers
Company Name CMP
HDFC Bank 729.10
ICICI Bank 1337.10
Axis Bank 1240.90
Kotak Mahindra Bank 412.80
Indusind Bank 957.10
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