Karnataka Bank is currently trading at Rs. 114.10, up by 0.80 points or 0.71% from its previous closing of Rs. 113.30 on the BSE.
The scrip opened at Rs. 114.05 and has touched a high and low of Rs. 114.20 and Rs. 113.00 respectively. So far 7931 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.60 on 18-Jan-2018 and a 52 week low of Rs. 92.30 on 25-Oct-2018.
Last one week high and low of the scrip stood at Rs. 115.75 and Rs. 109.65 respectively. The current market cap of the company is Rs. 3225.97 crore.
The Institutions holding in the company stood at 26.70%, while Non-Institutions held at 73.30%.
Karnataka Bank is upgrading its Core Banking Solution from Finacle version of 7.0.25 to Finacle version 10.2.x. The same is proposed to be rolled out to all branches from the second week of January 2019. All the precautionary steps for smooth migration are already put in place
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.
