Corporation Bank trades in green on the BSE

Corporation Bank is currently trading at Rs. 397.50, up by 3.05 points or 0.77% from its previous closing of Rs. 394.45 on the BSE.

The scrip opened at Rs. 398.35 and has touched a high and low of Rs. 398.40 and Rs. 396.00 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 528.45 on 16-Feb-2012 and a 52 week low of Rs. 335.50 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 401.35 and Rs. 385.00 respectively. The current market cap of the company is Rs. 5869.62 crore.

The promoters holding in the company stood at 58.52% while Institutions and Non-Institutions held 34.03% and 7.45% respectively.

Corporation Bank, Mangalore based lender has donated wheelchairs for use in Mangalore Central railway station, as part of its corporate social responsibility for the benefit of differently-abled passengers. Bank's chairman and managing director Ajai Kumar, handed over these wheelchairs to authorities of Mangalore central railway station at the Independence Day celebrations.

The bank has registered a rise of 5.35% in its net profit at Rs 370.26 crore for the quarter under review as compared to Rs 351.45 crore for the same quarter in the previous year. Total income of the bank has increased by 22.60% at Rs 3978.24 crore for Q1FY13 as compared Rs 3244.79 crore for the corresponding quarter previous year.