Wednesday 1 January 2020

Shares Of RBL Bank Climbed By Over A Percent On BSE On January 1

Shares of RBL Bank climbed by over a percent on BSE on January 1, a day after it said it had raised Rs 675.80 crore through preferential allotment of shares. 

RBL Bank on December 31 said it has raised Rs 675.80 crore through preferential allotment of shares, completing total fundraising of Rs 2,701 crore. A total of 1.98 crore shares were allotted preferentially at a price of Rs 340.70 per share on December 30.

Share price of Adani Green jumped 5 percent in the early morning trade on January 1 after the firm commissioned 75 MW wind power project. Adani Renewable Energy, a stepdown subsidiary of Adani Green Energy has commissioned its 75 MW Wind Power Project having Power Purchase Agreement with Maharashtra State Electricity Distribution Company at Rs 2.85/kWh for a period of 25 years.

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