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Corporation Bank rushes high

Wednesday, July 29, 2009 11:28 am
By ShareGyan.com NewsDesk

The stock hit at Rs.349.80 as opposed to its earlier end of Rs.344.95. On Intraday, the counter reached an up and a down of Rs.352.50 and Rs.342.05, correspondingly. Corporation Bank presently trades high on its initial quarter performance. The stock presently trades at Rs.350 on the Sensex. Till now, 7,932 company’s shares have been traded on the Sensex.
The stock reached its 52-week up of Rs.352.50 on 29th July and a 52-week down of Rs.155 on 10th December, last year. The stock has earned 4.21% since the last week and by 4.77% since the previous month.
Corporation Bank has declared its unaudited outcome for the quarter closed on 30th June.
The bank has registered a net gain of Rs.261.25crore for the quarter closed on 30th June opposed to Rs.184.30crore for the quarter closed on 30th June, last year. Sum income has risen from Rs.1, 446.28crore to Rs.2, 101.53crore, posting a YoY increase of 45.31%.

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