Indian Bank is currently trading at Rs. 150.85, up by 1.15 points or 0.77% from its previous closing of Rs. 149.70 on the BSE.
The scrip opened at Rs. 149.10 and has touched a high and low of Rs. 151.45 and Rs. 149.00 respectively. So far 16951 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 194.80 on 26-Oct-2021 and a 52 week low of Rs. 115.15 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 155.55 and Rs. 146.50 respectively. The current market cap of the company is Rs. 18644.25 crore.
The promoters holding in the company stood at 79.86%, while Institutions and Non-Institutions held 12.84% and 7.30% respectively.
Indian Bank has entered into agreement with Government of Haryana towards distribution of mobile phones to consumers through e-unified payment interface system. As per the agreement, the bank would provide e-upi coupons to beneficiaries. The coupons can be redeemed without any credit or debit card allowing the customers to avail a mobile phone from a designated vendor. Mobile distribution melas would be organised by the bank in Haryana under this initiative.
Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.
