Jammu & Kashmir Bank is currently trading at Rs. 59.90, up by 2.60 points or 4.54% from its previous closing of Rs. 57.30 on the BSE.
The scrip opened at Rs. 59.30 and has touched a high and low of Rs. 61.75 and Rs. 58.90 respectively. So far 43195 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 95.65 on 20-Jun-2017 and a 52 week low of Rs. 50.25 on 23-May-2018.
Last one week high and low of the scrip stood at Rs. 61.75 and Rs. 51.15 respectively. The current market cap of the Bank is Rs. 3190.80 crore.
The promoters holding in the Bank stood at 59.23%, while Institutions and Non-Institutions held 24.15% and 16.62% respectively.
Jammu & Kashmir Bank (J&K Bank) has received approval from its board for the raising of capital (Tier I/Tier II) by various means up to the tune of Rs 2,000 crore. The meeting of the Board of Directors of the Bank held on May 30, 2018, have approved the same.
The Jammu & Kashmir Bank is engaged in the banking business. The Bank offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
