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Axis Bank Raises Rs 10,000 Crore Via QIP; Shares Up 3%
On Tuesday, shares of Axis Bank gained almost 3 percent to touch an intraday high of Rs 444.55 after the private lender raised Rs 10,000 crore via Qualified Institutions Placement (QIP) issue. In a stock exchange filing, the bank said ...
Axis Bank Gains 4% On QIP Launch
Shares of Axis Bank rose nearly 4 percent to Rs 445 after the private lender launched its Rs 10,000 crore QIP (Qualified Institutional Placement). The bank has set the floor price for the offering at Rs 442.29 a share, according to ...
DLF Shares Hit 52-Week Low After SC Issues Non-Disclosure Notice
DLF Shares in intra-day trade on August 22 plunged nearly 20% to its over 31-month low of Rs. 137.65 on the NSE after the company received a notice from the Supreme Court over non-disclosure of significant information in Qualified institutional placement ...
Bank of India Defers QIP Plan Of Rs 3,000 Crore
The state-run lender Bank of India has deferred its plan to raise capital through the QIP route as the government decides to infuse Rs 2,257 crore capital into the bank. As reported to the PTI, BoI Managing Director Dinabandhu Mohapatra ...
Canara Bank To Raise Up To 3,500 Cr Through QIP
On Tuesday, Canara Bank has said that it will raise a capital of up to 3500 crores through qualified institutions placement (QIP). The decision was taken after the board meeting held yesterday. "The board of bank at its meeting held on ...
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