Allahabad Bank is currently trading at Rs. 38.65, up by 1.20 points or 3.20% from its previous closing of Rs. 37.45 on the BSE.
The scrip opened at Rs. 37.70 and has touched a high and low of Rs. 39.30 and Rs. 37.20 respectively. So far 976174 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 82.05 on 17-Nov-2017 and a 52 week low of Rs. 33.25 on 09-Oct-2018.
Last one week high and low of the scrip stood at Rs. 46.00 and Rs. 35.40 respectively. The current market cap of the company is Rs. 5552.15 crore.
The promoters holding in the company stood at 71.81%, while Institutions and Non-Institutions held 15.37% and 12.81% respectively.
Allahabad Bank is planning to raise additional Rs 1,800-1,900 crore to shore up capital adequacy. The Bank is exploring all options - government help, QIP, and hiving off non-core assets and stake in JVs.
Allahabad Bank is a nationalised bank with its headquarters in Kolkata. It is the oldest joint stock bank in India.
| Company Name | CMP |
|---|---|
| SBI | 978.00 |
| PNB | 105.90 |
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| Union Bank Of India | 164.20 |
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