CUB shares rise 3% on ₹500 cr QIP approval
pre-market1 source ↓written by the desknot a recommendation
- after the board
- 3.38%
- Qualified Institutional Placement
- ₹500 cr
- session high
- ₹205.20
- year high
- ₹205.35
- Buy volume
- 49.48%
City Union Bank (CUB) shares increased 3.38% after the board approved a ₹500 cr Qualified Institutional Placement (QIP) plan. The stock reached a session high of ₹205.20, nearing its year high of ₹205.35. This positive momentum may signal renewed investor confidence and support for future growth.
• Buy volume at 49.48%
• Sell volume at 50.52%
• AGM and dividend record dates also announced.
Not investment advice. For informational purposes only.