Allahabad Bank redeems Rs 100 crores worth bonds

Allahabad Bank has announced that the Bank has duly redeemed its 7% Tier II Series III Bonds aggregating Rs. 100.00 crore on maturity date i.e. April 30, 2010.

The stock was trading at Rs.158.60, down by Rs.2.05 or 1.28%. The stock hit an intraday high of Rs.161.90 and low of Rs.157.60.

The total traded quantity was 117405 compared to 2 week average of 397886.

Source : Equity Bulls

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