The bank announced Q3 results during trading hours today, 1 February 2013.
Meanwhile, the BSE Sensex was down 68.16 points or 0.34% at 19,826.82.
On BSE, 68,000 shares were traded in the counter as against average daily volume of 11,000 shares in past two weeks.
The stock hit a high of Rs 460.55 and a low of Rs 436.55 so far during the day.
Corporation Bank's ratio of gross non-performing assets (NPA) to gross advances stood at 2.18% as on 31 December 2012, higher than 1.97% as on 30 September 2012 and 1.35% as on 31 December 2011.The ratio of net NPAs to net advances stood at 1.63% as of 31 December 2012, higher than 1.38% as of 30 September 2012 and 0.96% as on 31 December 2011.
The bank's provisions and contingencies for non-performing assets jumped 48.57% to Rs 406.05 crore in Q3 December 2012 over Q3 December 2011.
Corporation Bank's Capital Adequacy Ratio (CAR) as per Basel II norms stood at 12.57% as on 31 December 2012, lower than 13.05% as on 30 September 2012 and 12.84% as on 31 December 2011.
The Government of India holds 58.52% stake in Corporation Bank (as per the shareholding pattern as on 31 December 2012).
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