Karnataka Bank is currently trading at Rs. 139.90, up by 1.05 points or 0.76% from its previous closing of Rs. 138.85 on the BSE.
The scrip opened at Rs. 138.50 and has touched a high and low of Rs. 140.50 and Rs. 138.50 respectively. So far 116732 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 143.35 on 02-Mar-2017 and a 52 week low of Rs. 80.18on 05-Apr-2016.
Last one week high and low of the scrip stood at Rs. 140.75 and Rs. 136.10 respectively. The current market cap of the company is Rs. 3942.35 crore.
The institutions and non-institutions held 28.73% and 71.27% stake in the Bank, respectively.
Karnataka Bank has launched the ‘MoneyPlant RuPay International Platinum Debit Card’ to provide more privileges to its premium and HNI (high net worth individual) customers. The card can be used for domestic and international cash withdrawals and purchases. The card has a withdrawal limit of Rs 75,000 and purchase limit of Rs 2 lakh a day at point-of-sales terminals and e-commerce sites, and two free accesses to airport lounges per quarter across 30-plus airports in India and 300-plus airports worldwide.
Karnataka Bank operates as a private sector bank. Its 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.