Development Credit Bank allots 61500 Equity Shares

Development Credit Bank Ltd (DCB) has informed BSE that the Bank has allotted 61,500 equity shares of Rs. 10/- each, pursuant to the terms of the Employee Stock Option Plan (ESOPs) of the Bank.

The stock closed the day at Rs.36.10, up by Rs.1.65 or 4.79%. The stock hit an intraday high of Rs.36.30 and low of Rs.35.

The total traded quantity was 962852 compared to 2 week average of 448645.

Source : Equity Bulls

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