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Oriental Bank of Commerce is currently trading at Rs 318.50, up by 5.60 points or 1.79% from its previous closing of Rs 312.90 on the BSE.
The scrip opened at Rs 315.00 and has touched a high and low of Rs 319.00 and Rs 314.00 respectively. So far 12595 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 336.00 on 07-Nov-2012 and a 52 week low of Rs 190.10 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs 325.50 and Rs 311.10 respectively. The current market cap of the company is Rs 9238.62 crore.
The promoters holding in the company stood at 58.00% while Institutions and Non-Institutions held 34.92% and 7.08% respectively.
ICRA has assigned ‘AA+’ rating with stable outlook to Rs 1,200 crore Lower Tier II Bonds Programme of Oriental Bank of Commerce (OBC). The credit rating agency also has ‘AA+ (stable)’ rating outstanding on Rs 1,000 crore Lower Tier II Bonds Programme and ‘AA (Stable)’ rating outstanding on Rs 1,250 crore Upper Tier II and Perpetual Bonds Programme of the company.
OBC’s ratings are supported by bank’s sovereign ownership (Government of India holds 58% stake in the bank), comfortable capitalization (CRAR of 12.06% and Tier 1 capital of 9.69% as on September 30, 2012), good operating efficiency (operating expenses at 1.4% in relation to average assets in FY 2012), and comfortable liquidity profile of the bank.
OBC had 1,850 branches as on September 30, 2012 and 12 extension counters. For the six months ending September 30, 2012 OBC reported a PAT of Rs 694 crore on an asset base of Rs 186,969 crore as on September, 2012. OBC’s Capital adequacy ratio (CRAR) was 12.06% as on September 30, 2012 with a Tier 1 capital of 9.69%.
| Company Name | CMP |
|---|---|
| SBI | 840.20 |
| Bank Of Baroda | 286.25 |
| Canara Bank | 120.80 |
| PNB | 128.90 |
| Union Bank Of India | 147.65 |
| View more.. | |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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