The Board of Directors of Andhra Bank at its meeting held on 24.06.2019 approved the proposal to raise the Equity capital amounting to Rs. 2000 crore (including premium) by way of Qualified Institutional Placement (QIP) / Follow-on Public Offer (FPO) / Sale of non-core assets / Preferential Allotment / any other approved means during FY 2019-20 subject to market conditions and necessary approvals.
Shares of ANDHRA BANK was last trading in BSE at Rs.22.6 as compared to the previous close of Rs. 22.55. The total number of shares traded during the day was 33756 in over 146 trades.
The stock hit an intraday high of Rs. 22.8 and intraday low of 22.4. The net turnover during the day was Rs. 766059.