/ Dena Bank's Capital Raising Boosts Stock Price ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 5 January 2017

Dena Bank has recently announced its capital raising plans, and this has boosted the stock price of the bank. The stock as at 2.39 pm is trading at Rs 34.20, up by 2.86%. The board of directors of the bank are expected to meet on Jan 7 to discuss the capital raising plans that will be executed through equities and bonds.

In the last one year, the stock has fallen by 15.68%. In the last three years, the stock has lost by 18.79%, and during the same time the Bankex has given a return of 16.94%. On the financial front, the net interest income of the bank during one year period has fallen by 1.09%. However, its net interest income has increased by 1.18%.
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