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Canara Bank spurts on offloading entire stake in The Commonwealth (Trust) India

24 Mar 2020 Evaluate

Canara Bank is currently trading at Rs. 78.20, up by 1.95 points or 2.56% from its previous closing of Rs. 76.25 on the BSE.

The scrip opened at Rs. 80.00 and has touched a high and low of Rs. 81.00 and Rs. 73.85 respectively. So far 327064 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 302.00 on 01-Apr-2019 and a 52 week low of Rs. 73.85 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 104.80 and Rs. 73.85 respectively. The current market cap of the company is Rs. 11634.09 crore.

The promoters holding in the company stood at 78.52%, while Institutions and Non-Institutions held 15.35% and 6.13% respectively.

Canara Bank has offloaded entire 37500 equity shares in The Commonwealth (Trust) India on March 20, 2020. The Request For Quotes (RFQ) was floated by the bank for sale of 37500 equity shares (Unlisted) of The Commonwealth (Trust) India on March 06, 2020.

Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.

Peers
Company Name CMP
State Bank Of India 959.05
PNB 111.70
Bank Of Baroda 233.10
Canara Bank 118.95
Union Bank Of India 167.50
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