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Indian Bank trades in green on the BSE

  • Mar-26-2020
  • 9:50:00 Hrs IST

Indian Bank is currently trading at Rs. 44.15, up by 0.20 points or 0.46% from its previous closing of Rs. 43.95 on the BSE.

The scrip opened at Rs. 45.00 and has touched a high and low of Rs. 45.00 and Rs. 43.30 respectively. So far 5865 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 292.35 on 04-Jun-2019 and a 52 week low of Rs. 41.70 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 55.00 and Rs. 41.70 respectively. The current market cap of the company is Rs. 4963.98 crore.

The promoters holding in the company stood at 83.46%, while Institutions and Non-Institutions held 10.50% and 6.04% respectively.

Indian Bank and Union Bank of India (UBI) have launched special emergency loan products like personal loans and soft loan for members of Self Help Groups to help people and businesses affected by coronavirus outbreak. Besides, the bank has taken steps to ensure the safety of its staff and uninterrupted banking services to customers.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.