Brickwork Ratings has reaffirmed the ratings of Perpetual Tier 1 Bonds (IPDI) & Upper Tier II Bonds of the Bank and placed the same under "Credit Watch with Developing Implications" in view of the proposed amalgamation of Oriental Bank of Commerce and United Bank of India with Punjab National Bank.
Shares of ORIENTAL BANK OF COMMERCE was last trading in BSE at Rs.49.55 as compared to the previous close of Rs. 52.1. The total number of shares traded during the day was 244695 in over 1575 trades.
The stock hit an intraday high of Rs. 53.9 and intraday low of 49.4. The net turnover during the day was Rs. 12597801.