Canara Bank is currently trading at Rs. 384.85, up by 10.80 points or 2.89% from its previous closing of Rs. 374.05 on the BSE.
The scrip opened at Rs. 374.85 and has touched a high and low of Rs. 385.55 and Rs. 370.00 respectively. So far 37559 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 550.00 on 14-Jan-2013 and a 52 week low of Rs. 306.00 on 30-Aug-2012.
Last one week high and low of the scrip stood at Rs. 404.70 and Rs. 369.05 respectively. The current market cap of the company is Rs. 17011.20 crore.
The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 25.53% and 6.75% respectively.
Canbank Venture Capital Fund (CVCFL), an wholly owned subsidiary of Canara Bank, has acquired stake worth Rs 25 crore in Gujarat-based Ashapura Garments (AGL). The raised fund will be used to part finance the setting up of a state of art manufacturing facility of AGL at SEZ in Gujarat.
AGL is manufacturers of jeans and casual wear for men and women and primarily has presence in Andhra Pradesh, Madhya Pradesh, Tamil Nadu, Punjab, Karnataka, Gujarat, Kerala, Rajasthan, Orissa, Maharashtra, West Bengal, Haryana. Internationally, the company caters to Europe, Asia and North America.
