Monday, 9 December 2013

Indian Bank trades in green on BSE

Indian Bank is currently trading at Rs. 108.65, up by 4.45 points or 4.27% from its previous closing of Rs. 104.20 on the BSE.

The scrip opened at Rs. 107.05 and has touched a high and low of Rs. 111.00 and Rs. 105.65 respectively. So far 1,84,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 218.85 on 07-Jan-2013 and a 52 week low of Rs. 60.50 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 105.50 and Rs. 99.20 respectively. The current market cap of the company is Rs. 4,669 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 12.96% and 7.04% respectively.

Indian Bank in collaboration with Apollo Hospitals Group has launched a special health card for its customers in the Chennai city on a pilot-basis. The bank’s customers who maintain Rs 10 lakh in their accounts for at least two to three months before December 31, 2014 are eligible for the health card.

Through this health card the bank’s customers can get up to 20% discount from the Apollo Hospitals chain for a range of services, including room charges, medical check up, investigation fees and pharma products.

The bank has launched the card in Chennai city on pilot-basis and in the next six months, eligible customers across the country will be covered by the bank.

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