Karnataka Bank is currently trading at Rs. 130.20, up by 2.55 points or 2% from its previous closing of Rs. 127.65 on the BSE.
The scrip opened at Rs. 129.00 and has touched a high and low of Rs. 130.20 and Rs. 127.90 respectively. So far 474014 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.15 on 24-Oct-2016 and a 52 week low of Rs. 69.11 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 130.70 and Rs. 114.80 respectively. The current market cap of the company is Rs. 3649.86 crore.
The Institutions and Non-Institutions held 28.73% and 71.27% respectively.
Karnataka Bank has bagged two IBA - Banking Technology Awards 2017. The bank has been adjudged as a winner in ‘Best Financial Inclusion Initiatives (Small Bank)’ category. The bank has also received award as a runner up in ‘Best use of Digital and Channels Technology (Small Bank)’ category.
IBA - Banking Technology Awards is instituted to recognize and reward individuals, professionals and banks who have recorded noteworthy technology and business benefits in the previous year.
Karnataka Bank operates as a private sector bank. It products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.