Canara Bank moves up on raising Rs 1,500 crore
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Canara Bank is currently trading at Rs. 206.35, up by 4.65 points or 2.30% from its previous closing of Rs. 201.95 on the BSE.
The scrip opened at Rs. 203.25 and has touched a high and low of Rs. 207.45 and Rs. 201.25 respectively. So far 457849 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 207.45 on 26-Oct-2021 and a 52 week low of Rs. 84.40 on 29-Oct-2020.
Last one week high and low of the scrip stood at Rs. 207.45 and Rs. 186.60 respectively. The current market cap of the company is Rs. 37253.16 crore.
The promoters holding in the company stood at 62.93%, while Institutions and Non-Institutions held 20.24% and 16.83% respectively.
Canara Bank has raised Rs 1,500 crore by issuing Basel-III compliant bonds. The bank has issued and allotted Basel-III compliant additional tier I bonds amounting to Rs 1,500 crore.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.
