Canara Bank is currently trading at Rs. 276.30, up by 1.75 points or 0.64% from its previous closing of Rs. 274.55 on the BSE.
The scrip opened at Rs. 271.95 and has touched a high and low of Rs. 277.50 and Rs. 271.45 respectively. So far 120022 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.95 on 25-Jan-2018 and a 52 week low of Rs. 205.15 on 23-Oct-2018.
Last one week high and low of the scrip stood at Rs. 277.50 and Rs. 257.10 respectively. The current market cap of the company is Rs. 20226.56 crore.
The promoters holding in the company stood at 72.55%, while Institutions and Non-Institutions held 21.91% and 5.54% respectively.
Canara Bank has received approval to raise funds through additional Tier I Capital through Basel III Compliant Additional Tier I Perpetual Bonds in Rupee terms for an amount not exceeding Rs 3,000 crore in single tranche or in multiple tranches. The Board of Directors of the bank at its meeting held on December 19, 2018 has approved 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.
