RBL Bank is currently trading at Rs. 680.95, up by 4.85 points or 0.72% from its previous closing of Rs. 676.10 on the BSE.
The scrip opened at Rs. 677.10 and has touched a high and low of Rs. 681.40 and Rs. 662.20 respectively. So far 74933 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 692.10 on 29-Mar-2019 and a 52 week low of Rs. 438.80 on 23-Oct-2018.
Last one week high and low of the scrip stood at Rs. 686.30 and Rs. 662.20 respectively. The current market cap of the company is Rs. 28950.12 crore.
The Institutions and Non-Institutions held 43.57% and 56.42% stake respectively in the company.
RBL Bank’s board has approved raising of funds aggregating up to Rs 3,500 crore, including through issuance of equity shares/depository receipts and other securities including through QIP/GDRs/ ADRs/ FCCBs, or such methods. The Board of directors of the company at its meeting held on April 18, 2019 has approved for the same.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.
