SC dismisses SBI's plea for extension in Electoral bonds case; stock falls 2%
The apex court has given one day time to SBI to submit details of electoral bonds, rejecting its plea seeking an extension of time till June 30.
The apex court has given one day time to SBI to submit details of electoral bonds, rejecting its plea seeking an extension of time till June 30.
State Bank of India shares gained as much as 6.4% to hit a record high of ₹718.80 intraday today, while the m-cap surged to ₹6.36 lakh crore.
The share price of Canara Bank has doubled in the last one year, from its 52-week low of ₹268.85 on Feb 24, 2023, to ₹550.50 today.
Indian Overseas Bank shares gained as much as 7.9% to hit a fresh 52-week high of ₹56.22 on the BSE, while the m-cap surged to ₹1.2 lakh crore.
The PSU lender has risen over 12% in the last four sessions, touching its fresh 52-week high of ₹110.95 in intraday trade today.
10.15 crore equity shares of Indian Bank, allotted to qualified institutional buyers (QIBs), got listed on the stock exchanges today.
The market cap of PNB crossed ₹1.01 lakh crore today after the shares of the PSU lender rose 2.1% to hit a fresh 52-week high of ₹91.81 intraday.
The issue was oversubscribed almost 4 times with bids of ₹15,907 crore against the base issue size of ₹4,000 crore, said SBI.
Betting big on digital, Dinesh Khara has taken India’s biggest lender to dizzying new heights.
SBI’s infra bonds had a base issue size of ₹4,000 crore and a greenshoe option of ₹6,000 crore.