Jammu & Kashmir Bank is currently trading at Rs. 37.60, up by 0.80 points or 2.17% from its previous closing of Rs. 36.80 on the BSE.
The scrip opened at Rs. 36.80 and has touched a high and low of Rs. 39.25 and Rs. 36.65 respectively. So far 68634 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 65.95 on 10-Apr-2019 and a 52 week low of Rs. 32.25 on 06-Aug-2019.
Last one week high and low of the scrip stood at Rs. 41.75 and Rs. 36.30 respectively. The current market cap of the company is Rs. 2091.00 crore.
The promoters holding in the company stood at 59.23%, while Institutions and Non-Institutions held 23.28% and 17.49% respectively.
Jammu & Kashmir Bank is planning to raise up to Rs 550 crore by issuing Basel III compliant bonds in the domestic market on private placement basis. The Bank’s board will put the fund raising proposal before the shareholders at its annual general meeting on September 7, 2019.
Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
