Andhra Bank approves divestment of stake in JV investmentsThe Board of Directors of Andhra Bank, at its meeting held on 03.11.2018, accorded its approval for divestment of Bank's stake in full or in part in Joint Venture lnvestments of the Bank i.e., ASREC lndia Ltd, India International Bank (Malaysia) Bhd and IndiaFirst Life Insurance Co Ltd.
Shares of ANDHRA BANK was last trading in BSE at Rs.29.75 as compared to the previous close of Rs. 28.75. The total number of shares traded during the day was 506636 in over 1723 trades.
The stock hit an intraday high of Rs. 31.1 and intraday low of 29. The net turnover during the day was Rs. 15233338.