MoneyWorks4Me

Corporation Bank soars on unveiling ‘Corp SME Suvidha’

27 May 2019 Evaluate

Corporation Bank is currently trading at Rs. 25.00, up by 0.25 points or 1.01% from its previous closing of Rs. 24.75 on the BSE.

The scrip opened at Rs. 24.80 and has touched a high and low of Rs. 25.35 and Rs. 24.80 respectively. So far 27975 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 33.85 on 11-Jun-2018 and a 52 week low of Rs. 21.00 on 11-Oct-2018.

Last one week high and low of the scrip stood at Rs. 26.00 and Rs. 23.70 respectively. The current market cap of the company is Rs. 14955.49 crore.

The promoters holding in the company stood at 93.50%, while Institutions and Non-Institutions held 4.52% and 1.98% respectively.

Corporation Bank has unveiled ‘Corp SME Suvidha’, a product for GST-registered MSMEs. The product has been designed as part of the bank's efforts to provide best products to MSME sector.

Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906.

Peers
Company Name CMP
State Bank Of India 970.50
PNB 114.65
Bank Of Baroda 232.10
Canara Bank 122.70
Union Bank Of India 176.00
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