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Karur Vysya Bank inches up on the bourses
Date: 31-10-2011
Karur Vysya Bank is currently trading at Rs 390.10, up by 1.30 points or 0.33% from its previous closing of Rs 388.80 on the BSE.
The scrip opened at Rs 384.05 and has touched a high and low of Rs 392.25and Rs 384.05 respectively. So far 1487shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 479.15 on 15-Jul-2011 and a 52 week low of Rs 346.00 on 19-Aug-2011.
Last one week high and low of the scrip stood at Rs 392.25 and Rs 368.00 respectively. The current market cap of the company is Rs 5288 crore.
The promoters holding in the company stood at 3.27% while Institutions and Non-Institutions held 27.72% and 69.01% respectively.
Karur Vysya Bank (KVB) is likely to tie-up with SBI Cards for launching a co-branded credit card. SBI Cards is a standalone credit card company and it also plans to roll out 'signature' cards in the coming days.
Recently, Karur Vysya Bank has opened 10 new branches across pan India on September 17, 2011 taking the count of its total branches to 386. The bank has opened its 377th branch at Cuddalore Road, Tamil Nadu, its 378th branch at Hosur Road, Karnataka, its 379th branch at Vanasthalipuram, Andhra Pradesh, its 380th branch at Connaught Circus, New Delhi and its 381st branch at Ranchi, Jaharkhand State.
Karur Vysya Bank is among 6 old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.
The scrip opened at Rs 384.05 and has touched a high and low of Rs 392.25and Rs 384.05 respectively. So far 1487shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 479.15 on 15-Jul-2011 and a 52 week low of Rs 346.00 on 19-Aug-2011.
Last one week high and low of the scrip stood at Rs 392.25 and Rs 368.00 respectively. The current market cap of the company is Rs 5288 crore.
The promoters holding in the company stood at 3.27% while Institutions and Non-Institutions held 27.72% and 69.01% respectively.
Karur Vysya Bank (KVB) is likely to tie-up with SBI Cards for launching a co-branded credit card. SBI Cards is a standalone credit card company and it also plans to roll out 'signature' cards in the coming days.
Recently, Karur Vysya Bank has opened 10 new branches across pan India on September 17, 2011 taking the count of its total branches to 386. The bank has opened its 377th branch at Cuddalore Road, Tamil Nadu, its 378th branch at Hosur Road, Karnataka, its 379th branch at Vanasthalipuram, Andhra Pradesh, its 380th branch at Connaught Circus, New Delhi and its 381st branch at Ranchi, Jaharkhand State.
Karur Vysya Bank is among 6 old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.