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Kotak Mahindra Bank shares rise over 4% on QIP launch

Updated : May 27, 2020 11:45 AM IST

The lender has set a floor price of Rs 1,147.75 per share for the offering.
The stock rose as much as 4.3 percent to Rs 1,202 per share on the BSE.
The bank's board had sanctioned fundraising in April.
Kotak Mahindra Bank shares rise over 4% on QIP launch

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