Allahabad Bank stock extended its past three weeks' rally after the government announced capital infusion of Rs6,896cr in the bank. The company experienced a spurt in volumes by more than 1.47 times.
Shares of Ipca Laboratories hit an all-time high of Rs914 in an otherwise weak market on the BSE. The stock surpassed its previous high of Rs907 touched on February 28, 2014 in intra-day trade.
Allahabad Bank is currently trading at Rs57 up by Rs2.35 or 4.3% from its previous closing of Rs54.65 on the BSE. The scrip opened at Rs53.55 and has touched a high and low of Rs58.20 and Rs53.20 respectively.
Ipca Laboratories Ltd is currently trading at Rs883.55 up by Rs14.25 or 1.64% from its previous closing of Rs869.30 on the BSE. The scrip opened at Rs867.15 and has touched a high and low of Rs914.30 and Rs867.15 respectively.