United Bank rises after reducing base rate - The New Indian Express

United Bank rises after reducing base rate

Published: 18th March 2014 06:19 PM

Last Updated: 18th March 2014 06:19 PM

United Bank of India, a state-owned lender,gained on Tuesday after the bank decided to reduce the base rate from 10.50% to 10.25% from Mar. 24, 2014. Shares ofthe companysettled at Rs 27.85, up Rs 0.85, or 3.15% at the Bombay Stock Exchange (BSE) on Tuesday.The scrip has touched an intra-day high of Rs 28.50 and low of Rs 27.60. The total volume of shares traded at the BSE is 125,307.In the earlier session, the shares declined 0.37%, or Rs 0.1, at Rs 27. Currently, the stock is trading down 56.38% from its 52-week high of Rs 63.85 and above 19.02% over the 52-week low of Rs 23.40.

comments powered by Disqus

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.


Read More



follow us Mobile Site iPad News Hunt Android RSS Tumblr Linekin Pinterest Youtube Google Plus Twitter Facebook