Market
Lakshmi Vilas Bank shares plunge 7% as QIP opens today
Updated : March 08, 2019 10:57 AM IST
At 10:50AM, the stock was trading down 4 percent at Rs 70.40, higher than the floor price of the QIP, which was fixed at Rs 65.96.
The stock has lost over 16 percent since Thursday when the bank's board approved raising funds via the QIP and set the floor price.
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