Allahabad Bank, IPCA Lab stock hits 52-week high

Shares of Allahabad Bank and IPCA Lab hit a 52-week high in an otherwise weak market on the BSE.

Mar 08, 2019 03:03 IST India Infoline News Service

Shares of Allahabad Bank and IPCA Lab hit a 52-week high on the BSE in today’s trade.

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.

Related Story

Open Free Demat Account (Rs699)