31st October 2012
Srinagar
J&K Bank share surges
With an appreciation of 9.4% in its share price, J&K Bank today topped gainers list as its stock hit an all time high of Rs 1225 and Rs 1224.55 at Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) respectively.
The surge in the stock price came shortly after the Bank posted 35% increase in its Q2 results.
The share price witnessed a sharp increase of Rs 105 at both the stock exchanges.
Commenting on the unprecedented surge in the Bank's share price, Chairman and CEO said, "We value the trust of our investors as one of the key factors responsible for our uninterrupted growth story. This is the shareholders confidence in the bank."
Notably, more than 7.4 lac shares were traded during the day at both the bourses.
The surge in the stock price came shortly after the Bank posted 35% increase in its Q2 results.
The share price witnessed a sharp increase of Rs 105 at both the stock exchanges.
Commenting on the unprecedented surge in the Bank's share price, Chairman and CEO said, "We value the trust of our investors as one of the key factors responsible for our uninterrupted growth story. This is the shareholders confidence in the bank."
Notably, more than 7.4 lac shares were traded during the day at both the bourses.