United Bank of India shines on getting nod to raise Rs 1,500 crore by using diverse means by admin- Tuesday, May 14th, 2019 05:11:14 PM
United Bank of India is presently trading at Rs. Eleven.05, up via 0.50 factors or four.Seventy four% from its preceding remaining of Rs. 10.55 at the BSE.
The scrip opened at Rs. 10.Eighty five and has touched a high and occasional of Rs. Eleven.06 and Rs. 10.Eighty five respectively. So a long way 3353 stocks were traded at the counter.
The BSE organization ‘B’ inventory of face value Rs. 10 has touched a 52 week excessive of Rs. Thirteen.25 on 01-Jan-2019 and a 52 week low of Rs. 9.05 on 08-Oct-2018.
Last one week excessive and occasional of the scrip stood at Rs. 11.06 and Rs. 10.52 respectively. The contemporary marketplace cap of the enterprise is Rs. 7836.Forty six crore.
The promoters conserving in the agency stood at ninety six.83%, while Institutions and Non-Institutions held 1.52% and 1.Sixty five% respectively.
United Bank of India has acquired approval to elevate fairness capital now not exceeding Rs 1,500 crore in a single or extra tranches during the monetary yr with the aid of way of Qualified Institutions Placement, Public Issue, Rights Issue or such other capital problems. The Board of Directors of the Bank at its assembly held on May 13, 2019 has accepted the equal.