Equity Alert: Bank of Rajasthan surges 16%; co to mull bonus issue
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K.Karthik Raja
May 26, 2008, 5:54:54 AM5/26/08
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Equity Alert: Bank of Rajasthan surges 16%; co to mull bonus issue
MUMBAI--1:40PM--Bank of Rajasthan bucked the weak trend in the
banking
sector and surged nearly 16% to 117.70 rupees as the lender will mull
a bonus
share issue May 31, dealers said.
The stock is likely to face resistance at around 120 rupees, above
which it
could go to 132 rupees, a dealer said.
So far, 2.37 mln shares of the bank have been traded on NSE today.
The
stock is not traded in the futures and options segment.
Equity Alert: Bank of Rajasthan surges 16%; co to mull bonus issue
MUMBAI--1:40PM--Bank of Rajasthan bucked the weak trend in the
banking
sector and surged nearly 16% to 117.70 rupees as the lender will mull
a bonus
share issue May 31, dealers said.
The stock is likely to face resistance at around 120 rupees, above
which it
could go to 132 rupees, a dealer said.
So far, 2.37 mln shares of the bank have been traded on NSE today.
The
stock is not traded in the futures and options segment.
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