Jammu & Kashmir Bank shines on planning to elevate Rs 1600 crore by admin- Friday, May 10th, 2019 03:46:58 PM
The Jammu & Kashmir Bank is currently trading at Rs. 55.05, up by way of 2.15 factors or four.06% from its previous final of Rs. Fifty two.Ninety on the BSE.
The scrip opened at Rs. 52.90 and has touched a excessive and occasional of Rs. 57.75 and Rs. Fifty two.80 respectively. So some distance 246352 shares had been traded at the counter.
The BSE group ‘A’ stock of face fee Rs. 1 has touched a fifty two week high of Rs. 65.Ninety five on 10-Apr-2019 and a fifty two week low of Rs. 35.05 on 18-Dec-2018.
Last one week high and low of the scrip stood at Rs. 60.Fifty five and Rs. Fifty one.10 respectively. The modern-day market cap of the organisation is Rs. 3073.86 crore.
The promoters holding inside the enterprise stood at 59.23%, while Institutions and Non-Institutions held 23.Sixty eight% and 17.09% respectively.
Jammu & Kashmir Bank is making plans to raise capital (ATI/Tier II) to the song of Rs 1600 crore throughout the Financial Year 2019-2020. The board of directors at their meeting on May 15, 2019 will consider the same.