Indian Bank rises on rolling out digital broking solution ‘E-Broking’
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Indian Bank is currently trading at Rs. 151.70, up by 1.40 points or 0.93% from its previous closing of Rs. 150.30 on the BSE.
The scrip opened at Rs. 151.80 and has touched a high and low of Rs. 152.60 and Rs. 149.40 respectively. So far 38351 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 194.80 on 26-Oct-2021 and a 52 week low of Rs. 112.60 on 10-May-2021.
Last one week high and low of the scrip stood at Rs. 163.30 and Rs. 146.40 respectively. The current market cap of the company is Rs. 18694.07 crore.
The promoters holding in the company stood at 79.86%, while Institutions and Non-Institutions held 12.84% and 7.30% respectively.
Indian Bank has launched digital broking solution ‘E-Broking’. E-Broking will allow customers to open a demat and trading account facility, in line with the digitalisation mission of the bank. E-Broking is an instant and paper-less demat and trading account opening is integrated in the bank's mobile banking application. The launch of digital broking solution 'E-Broking' was a strategic step towards complete digitalisation of its offerings to customers.
Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.
