Canara Bank is currently trading at Rs. 304.95, up by 0.40 points or 0.13% from its previous closing of Rs. 304.55 on the BSE.
The scrip opened at Rs. 308.70 and has touched a high and low of Rs. 308.70 and Rs. 304.40 respectively. So far 39868 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 330.04 on 05-Oct-2016 and a 52 week low of Rs. 171.05 on 16-May-2016.
Last one week high and low of the scrip stood at Rs. 314.25 and Rs. 302.05 respectively. The current market cap of the company is Rs. 18295.00 crore.
The promoters holding in the company stood at 66.30%, while Institutions and Non-Institutions held 26.51% and 7.19% respectively.
Canara Bank has embarked upon an ambitious project of upgrading the bandwidth at all its branches to 2 Mbps in partnership with BSNL. The bandwidth upgradation of branches is in line with the bank’s policy of promoting digital channels and shall be a game changer for ensuring faster service across the counters. The bandwidth upgradation activity shall be completed in three months.
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.