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LIC buys 4.68% stake in Bank of Maharashtra

LIC has bought 4.68% stake in Bank of Maharashtra via open market/pref issue, reports CNBC-TV18.

May 11, 2012 / 09:50 AM IST
 
 
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LIC has bought 4.68% stake in Bank of Maharashtra via open market/pref issue and increased its stake to 10%, reports CNBC-TV18.


Bank of Mah touched an intraday high of Rs 49.50 and an intraday low of Rs 48.60. At 09:46 hrs the share was quoting at Rs 49.00, up Rs 0.65, or 1.34%.
It was trading with volumes of 15,943 shares. In the previous trading session, the share closed up 0.10% or Rs 0.05 at Rs 48.35.

Bank of Maharashtra touched its 52-week high Rs 60.00 and 52-week low Rs 37.75 on 12 May, 2011 and 29 Dec, 2011, respectively.
 
Currently, it is trading -18.33% below its 52-week high and 29.8% above its 52-week low.
 
Market capitalisation stands at Rs 2,889.00 crore.

first published: May 11, 2012 09:48 am

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