Dec 26, 2013, 10.16 PM IST
According to a filing with stock exchanges today, the city-headquartered lender said it has allotted 3,00,34,539 equity shares on preferential basis to the government.
Tags Andhra Bank, public lender, General or Shareholder Meeting, Extraordinary General Meeting
Like this story, share it with millions of investors on M3
Government stake in Andhra Bank goes up by over 2%
According to a filing with stock exchanges today, the city-headquartered lender said it has allotted 3,00,34,539 equity shares on preferential basis to the government.
Like this story, share it with millions of investors on M3
Government stake in Andhra Bank goes up by over 2%
According to a filing with stock exchanges today, the city-headquartered lender said it has allotted 3,00,34,539 equity shares on preferential basis to the government.
According to a filing with stock exchanges today, the city-headquartered lender said it has allotted 3,00,34,539 equity shares on preferential basis to the government. The government's shareholding in the bank now stood at 60.14 percent from the earlier 58 percent, the filing said.
Also read: No room for SUUTI stake sale post FDI cap hike in Axis Bank
In an earlier filing, the bank said the Extraordinary General Meeting of the shareholders held on December 19 passed a special resolution to allot shares at Rs 66.59 apiece (including a premium of Rs 56.59 per share) in return for Rs 200-crore additional capital infusion.
Shares of Andhra Bank settled at Rs 63, up 0.72 percent over the previous close, on BSE whose benchmark Sensex gained 0.20 percent to 21,074.59 today. The government infused around Rs 200 crore on December 20 towards issuance and allotment of equity shares on preferential basis, Andhra Bank said on Monday.
Andhra Bank stock price
On December 26, 2013, Andhra Bank closed at Rs 63.00, up Rs 0.45, or 0.72 percent. The 52-week high of the share was Rs 130.00 and the 52-week low was Rs 47.30.
The company's trailing 12-month (TTM) EPS was at Rs 16.15 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 3.9. The latest book value of the company is Rs 150.85 per share. At current value, the price-to-book value of the company is 0.42.
The Best New Year Parties in India
Anda sedang membaca artikel tentang
Government stake in Andhra Bank goes up by over 2%
Dengan url
http://efektifkesehatan.blogspot.com/2013/12/government-stake-in-andhra-bank-goes-up.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Government stake in Andhra Bank goes up by over 2%
namun jangan lupa untuk meletakkan link
Government stake in Andhra Bank goes up by over 2%
sebagai sumbernya
0 komentar:
Posting Komentar