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Oriental Bank of Commerce trades higher on the bourses

27 Mar 2019 Evaluate

Oriental Bank of Commerce is currently trading at Rs. 108.95, up by 0.70 points or 0.65% from its previous closing of Rs. 108.25 on the BSE.

The scrip opened at Rs. 106.15 and has touched a high and low of Rs. 109.30 and Rs. 106.15 respectively. So far 156871 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.30 on 27-Mar-2019 and a 52 week low of Rs. 58.10 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 109.30 and Rs. 103.30 respectively. The current market cap of the company is Rs. 21478.09 crore.

The promoters holding in the company stood at 77.23%, while Institutions and Non-Institutions held 16.71% and 6.06% respectively.

Oriental Bank of Commerce has allotted 13,89,89,804 equity shares of  Rs 10 each at an Issue price (including premium) of Rs 85.33 per equity share aggregating up to Rs 1186 crore, to Government of India (President of India) on preferential basis on March 26, 2019.

Oriental Bank of Commerce is a commercial bank. The Bank operates in four segments: treasury operations, corporate/wholesale banking, retail banking and other banking business operations.

Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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