Syndicate Bank is currently trading at Rs. 40.10, up by 0.80 points or 2.04% from its previous closing of Rs. 39.30 on the BSE.
The scrip opened at Rs. 39.40 and has touched a high and low of Rs. 40.20 and Rs. 39.35 respectively. So far 48091 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 83.95 on 25-Jan-2018 and a 52 week low of Rs. 29.55 on 09-Oct-2018.
Last one week high and low of the scrip stood at Rs. 41.05 and Rs. 38.70 respectively. The current market cap of the company is Rs. 6419.89 crore.
The Institutions and Non-Institutions holding in the company stood at 92.79 % and 7.22 % respectively.
Syndicate Bank has created a separate vertical comprising around 1,200 of its existing staffers to recover its non-performing assets (NPAs) amounting to around Rs 27,000 crore.
The 'Stressed Asset Management (SAM)' vertical would comprise legal as well as credit experts who would help branch managers to device plans to recover dues from NPAs, including large corporates.
Syndicate Bank is one of the oldest and major commercial banks of India.
