Corporation Bank is currently trading at Rs. 413.50, up by 3.80 points or 0.93% from its previous closing of Rs. 409.70 on the BSE.
The scrip opened at Rs. 410.00 and has touched a high and low of Rs. 414.00 and Rs. 410.00 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 528.45 on 16-Feb-2012 and a 52 week low of Rs. 335.50 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 414.85 and Rs. 405.00 respectively. The current market cap of the company is Rs. 6114.03 crore.
The promoters holding in the company stood at 58.52% while Institutions and Non-Institutions held 33.84% and 7.63% respectively.
Corporation Bank, a Mangalore-based lender has decided to focus on retail and SME segments, to build more business volumes in the current fiscal. To achieve more business, the bank is opening exclusive SME loan centres in various cities. Its total number of SME centres increased to 14 and will touch 17 by the end of the current fiscal.
The bank aims SME loan disbursement of Rs 500 crore in Kerala this year and it has so far disbursed Rs 15,000 crore. The bank, with 86 branches in Kerala, is targeting a total business of Rs 8,500 crore in the current fiscal, against Rs 5,000 crore achieved in the previous fiscal.
| Company Name | CMP |
|---|---|
| SBI | 1080.35 |
| PNB | 114.50 |
| Canara Bank | 142.35 |
| Bank Of Baroda | 280.00 |
| Union Bank Of India | 188.90 |
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