Shares of Indian Bank zoomed 10 per cent to hit a five-year high of Rs 381.40 on the BSE in Monday’s intra-day trade on the back of heavy volumes and a steady earnings outlook. Click here to follow our WhatsApp channel The stock of the public sector lender also inched toward its record high level of Rs 428 touched in November 2017. In the the past two months, the market price of the bank has zoomed 35 per cent.At 02:34 pm; Indian Bank was quoting 9 per cent higher at Rs 376.30 as compared to a 0.07 per cent decline in the S&P BSE Sensex. The average trading volumes on the counter jumped four-fold today. A combined 5.9 million shares had changed hands on the NSE and BSE. Indian Bank…
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Indian Bank soars 10% on heavy volumes; hits 5-year high in subdued market | News on Markets
