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Indian Bank trades in green on the BSE

Indian Bank | Bank - Public | BFSI | BSE: 532814 | NSE: INDIANB

18 Dec 2012 Evaluate

Indian Bank is currently trading at Rs 193.00, up by 1.45 points or 0.76% from its previous closing of Rs 191.55 on the BSE.

The scrip opened at Rs 196.00 and has touched a high and low of Rs 196.00 and Rs 189.15 respectively. So far 17510 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs 265.00 on 07-Mar-2012 and a 52 week low of Rs 152.00 on 03-Sep-2012.

Last one week high and low of the scrip stood at Rs 209.80 and Rs 189.15 respectively. The current market cap of the company is Rs 8294.16 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 14.04% and 5.96% respectively.

Indian Bank’s employees and officers may observe a strike on December 20 to protest against the government’s move to push amendments to the banking laws. This is pursuant to the All-India Bank Employees’ Association (AIBEA), the Bank Employees’ Federation of India, the National Union of Bank Employees and the All India Bank Officers’ Association who have given a call for observance of one day country-wide strike in banks on December 20, 2012 in support of their demands.

If the strike materializes, in such case, the normal functioning of the branches / offices of the Bank may get affected. Nearly 7 lakh bank employees and officers are expected to participate.

The proposed amendments to the banking law are aimed at effecting the merger of banks, allowing more private and foreign capital in banks, and raising the ceiling on voting rights. Further, the amendments will enable the central bank to grant licences to corporate business houses to start their new banks.Indian Bank is a mid-sized government bank with over 1,860 branches across India, one branch in Singapore and two in Sri Lanka. It has a particularly strong presence in Tamil Nadu.

Indian Bank Share Price

927.70 6.60 (0.72%)

22-Apr-2026 14:57 View Price Chart

Peers

Company Name	CMP
SBI	1103.50
PNB	114.70
Canara Bank	145.25
Bank Of Baroda	283.00
Union Bank Of India	193.70
View more..

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Indian Bank trades in green on the BSE

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