RBL Bank shares in focus ahead of fundraising meeting

By Aditya Bhagchandani Published on June 25, 2024, 10:25 IST

Shares of RBL Bank gained attention today as the lender announced a board meeting scheduled for June 27, 2024, to discuss raising funds through a Qualified Institutional Placement (QIP).

A total of 2 lakh shares were traded, resulting in a turnover of Rs 5.11 crore. The stock has a beta of 1.6, indicating high volatility over the past year.

As of 10:23 AM, the shares were trading 0.20% higher at ₹257.14 on the NSE.

Aditya Bhagchandani

Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.