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Indian Bank is currently trading at Rs. 265.10, up by 8.05 points or 3.13% from its previous closing of Rs. 257.05 on the BSE.

The scrip opened at Rs. 257.05 and has touched a high and low of Rs. 265.75 and Rs. 257.05 respectively. So far 38325 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 310.00 on 01-Feb-2023 and a 52 week low of Rs. 131.45 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 282.20 and Rs. 253.35 respectively. The current market cap of the company is Rs. 33060.24 crore.

The promoters holding in the company stood at 79.86%, while Institutions and Non-Institutions held 15.53% and 4.62% respectively.

Indian Bank has partnered with automaker Toyota Kirloskar Motor to offer vehicle financial options to its customers. The tie-up would offer various initiatives including 90 per cent on-road funding with no processing fee, foreclosure and party payment charges to prospective customers.

The development will now enable bank's customers, especially in the rural and semi-urban markets to buy their vehicles from Toyota Kirloskar Motor. The collaboration seeks to provide simpler financing options, hassle-free experience, and timely assistance to ensure a pleasant buying process.

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