Allahabad Bank is currently trading at Rs. 84.50, up by 0.70 points or 0.84% from its previous closing of Rs. 83.80 on the BSE.
The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 85.50 and Rs. 83.50 respectively. So far 212162 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 190.80 on 18-Jan-2013 and a 52 week low of Rs. 64.90 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 85.50 and Rs. 79.20 respectively. The current market cap of the company is Rs. 4217.72 crore.
The promoters holding in the company stood at 55.24% while Institutions and Non-Institutions held 29.14% and 15.62% respectively.
Credit rating agency, CRISIL has revised the ratings assigned to Tier I and Tier II Bonds of Allahabad Bank. The agency has revised the rating for Subordinated Debt Lower Tier II Bonds Series V to Series IX aggregating to Rs 2,411.90 crore to ‘AA+/Negative’.
Besides, the rating for Upper Tier II Bonds Series I & Series II aggregating to Rs 1,000.00 crore has been revised to ‘AA/Negative’. Further, the rating agency has revised the rating to ‘AA/Negative’ for IPDI Series I & II aggregating to Rs 300 crore.
