Indian Bank is currently trading at Rs. 142.60, up by 1.00 points or 0.71% from its previous closing of Rs. 141.60 on the BSE.
The scrip opened at Rs. 142.05 and has touched a high and low of Rs. 144.05 and Rs. 142.05 respectively. So far 122824 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 156.90 on 18-Feb-2021 and a 52 week low of Rs. 56.35 on 15-Oct-2020.
Last one week high and low of the scrip stood at Rs. 144.05 and Rs. 124.55 respectively. The current market cap of the company is Rs. 17759.99 crore.
The promoters holding in the company stood at 79.86%, while Institutions and Non-Institutions held 13.43% and 6.71% respectively.
Indian Bank has picked up 13.27 per cent stake in the proposed bad bank National Asset Reconstruction Company (NARCL). The lender has subscribed to 1,98,00,000 equity shares of NARCL for cash consideration of Rs 19.80 crore.
Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.
