Bank of Baroda allots 19577304 Equity Shares to LIC of India on preferential basis

Bank of Baroda has allotted 1,95,77,304 equity shares of the Bank @ Rs. 840.10 aggregating to Rs. 1644,68,93,090.40 to LIC of India on preferential basis.

The Bank of Baroda stock closed the day at Rs.793.65, up by Rs.21.25 or 2.75%. The stock hit an intraday high of Rs.799.30 and low of Rs.762.

The total traded quantity was 0.47 lakhs compared to 2 week average of 0.43 lakhs.

Source : Equity Bulls

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