Monday 11 November 2013

Vijaya Bank gains on getting approval for its fund raising plan

Vijaya Bank is currently trading at Rs. 42.60, up by 0.15 points or 0.35 % from its previous closing of Rs. 42.45 on the BSE.

The scrip opened at Rs. 42.50 and has touched a high and low of Rs. 43.10 and Rs. 40.85 respectively. So far 750604 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 67.10 on 09-Jan-2013 and a 52 week low of Rs. 33.40 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 46.10 and Rs. 41.60 respectively. The current market cap of the company is Rs. 2098.61 crore.

The promoters holding in the company stood at 55.02% while Institutions and Non-Institutions held 17.41% and 27.57% respectively.

Vijaya Bank has received an approval for preferential allotment of equity shares to Government of India for an amount of Rs 250 crore. The board of directors at its meeting held on November 11, 2013 has approved for the same.

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