/ Bank Of India Gains Marginally, Allots 46,39,294 Equity Shares To GIC Of India ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 31 March 2016

The bank  has informed BSE that it has allotted 46,39,294 equity shares to General Insurance Corporation of India on a preferential basis on March 30, 2016 at Rs.86.22 per share. The stock ended at Rs. 97.05, up by Rs. 0.55 or 0.57% from its previous closing of Rs. 96.5 on the BSE.

The scrip opened at Rs. 97.5 and touched a high and low of Rs. 99.9 and Rs. 95.3 respectively. A total of 8922660(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 7834.96 crore. The BSE group 'A' stock of face value Rs. 10 touched a 52 week high of Rs. 232.95 on 15-Apr-2015 and a 52 week low of Rs. 80.1 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs. 98.8 and Rs. 93.1 respectively. The promoters holding in the company stood at 70.13 % while Institutions and Non-Institutions held 20.72 % and 9.15 % respectively.

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