Canara Bank is currently trading at Rs. 304.00, up by 2.55 points or 0.85% from its previous closing of Rs. 301.45 on the BSE.
The scrip opened at Rs. 300.00 and has touched a high and low of Rs. 307.00 and Rs. 296.10 respectively. So far 121566 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. 316.70 and Rs. 296.10 respectively. The current market cap of the company is Rs. 16539.51 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 raised Rs 1000 crore of the permitted amount of Rs 2500 crore by issuing Basel-III complaint tier-I bonds with a coupon rate of 8.60 percent per annum. The capital is being raised to maintain healthy CRAR during the current financial year. Indian banks are expected to fully comply with Basel-III standards by March 2019 to improve and strengthen their capital planning processes.
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.
| 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.. | |
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