Karnataka Bank inches up on entering into strategic partnership with Tobacco Board
The Karnataka Bank is currently trading at Rs. 264.90, up by 0.50 points or 0.19% from its previous closing of Rs. 264.40 on the BSE.
The scrip opened at Rs. 264.40 and has touched a high and low of Rs. 267.55 and Rs. 264.40 respectively. So far 729 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 278.40 on 29-May-2026 and a 52 week low of Rs. 169.05 on 28-Aug-2025.
Last one week high and low of the scrip stood at Rs. 278.40 and Rs. 238.75 respectively. The current market cap of the company is Rs. 9994.64 crore.
The Institutions and Non-Institutions held 27.95% and 72.05% stake respectively in the company.
Karnataka Bank has entered into a strategic partnership with the Tobacco Board, Government of India, to provide customized financial solutions to registered tobacco growers across Karnataka.
Under this initiative, Karnataka Bank will offer a dedicated suite of banking and credit facilities designed specifically to meet the financial requirements of tobacco farmers registered with the Tobacco Board. The initiative aims to facilitate timely access to credit, promote financial inclusion, and support the sustainable growth of the tobacco farming community.
