Indian Bank is currently trading at Rs. 188.15, up by 0.40 points or 0.21% from its previous closing of Rs. 187.75 on the BSE.
The scrip opened at Rs. 184.60 and has touched a high and low of Rs. 192.00 and Rs. 183.85 respectively. So far 6065 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 297.55 on 02-Dec-2010 and a 52 week low of Rs. 181.40 on 23-Nov-2011.
Last one week high and low of the scrip stood at Rs. 200.50 and Rs. 181.40 respectively. The current market cap of the company is Rs. 8068.93 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 14.09% and 5.91% respectively.
Indian Bank, country’s public sector lender has introduced an ‘Indian Bank Self Employment Training Institute ' in Tiruvallur district near Chennai to pass on skill development training to the rural people to facilitate them to take on self-employment ventures. It has also set up a Financial Literacy and Credit Counselling Centre.
During the function, the villagers were sensitized to the uses of smart cards and also of opening bank accounts. They were also told how to avail themselves of the facilities offered by the local banking correspondent.
Indian bank’s net profit for the second quarter has increased marginally by 12.73% at Rs 468.69 crore as compared to Rs 415.77 crore for the corresponding quarter of the last year. The bank’s total income has surged 31.96% at Rs 3377.13 crore for the quarter under review as compared to Rs 2559.28 crore for the second quarter of the previous year.
| Company Name | CMP |
|---|---|
| SBI | 1107.45 |
| PNB | 113.90 |
| Canara Bank | 142.85 |
| Bank Of Baroda | 282.25 |
| Union Bank Of India | 190.10 |
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