Canara Bank is currently trading at Rs. 352.50, up by 0.40 points or 0.11% from its previous closing of Rs. 352.10 on the BSE.
The scrip opened at Rs. 349.55 and has touched a high and low of Rs. 354.60 and Rs. 349.55 respectively. So far 107695 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 414.90 on 05-May-2017 and a 52 week low of Rs. 191.63 on 16-Jun-2016.
Last one week high and low of the scrip stood at Rs. 359.00 and Rs. 345.00 respectively. The current market cap of the company is Rs. 21084.34 crore.
The promoters holding in the company stood at 66.30 %, while Institutions and Non-Institutions held 26.50 % and 7.19 % respectively.
Canara Bank has received an approval to raise Rs 6,300 crore through various routes, including qualified institutional placement (QIP), rights issue or follow on public offer. The board of directors at its meeting held on June 15, 2017 approved for the same.
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.