Indian Overseas Bank gains nearly 1% on bourses
13/06/2014 11:11
Shares of Indian Overseas Bank rose nearly 1 per cent in early trade on Bombay Stock Exchange (BSE) after its board approved to raise Rs 1,200 crore by issuing shares to Qualified Institutional Buyers by way of Private Placement. The shares of Bank rose as much as 0.82 per cent to trade at Rs 85.60 a piece on the BSE. In a similar fashion, shares of the Bank rose 0.88 per cent to Rs 85.55 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,620.68, up 44.47 points or 0.17 per cent at 11.02 hours.
13/06/2014 11:11
Shares of Indian Overseas Bank rose nearly 1 per cent in early trade on Bombay Stock Exchange (BSE) after its board approved to raise Rs 1,200 crore by issuing shares to Qualified Institutional Buyers by way of Private Placement. The shares of Bank rose as much as 0.82 per cent to trade at Rs 85.60 a piece on the BSE. In a similar fashion, shares of the Bank rose 0.88 per cent to Rs 85.55 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,620.68, up 44.47 points or 0.17 per cent at 11.02 hours.
