Dhanlaxmi Bank soars 14% in today’s trade

The RBI on Thursday has approved the appointment of Sunil Gurbaxani as Managing Director & CEO of the Bank for a period of three years from the date of taking charge.

Feb 24, 2020 09:02 IST India Infoline News Service

Dhanlaxmi Bank
Shares of Dhanlaxmi Bank soared 14% in today’s session after the RBI has approved the appointment of Sunil Gurbaxani as CEO and Managing Director.

The RBI on Thursday has approved the appointment of Sunil Gurbaxani as Managing Director & CEO of the Bank for a period of three years from the date of taking charge.

The stock is currently trading at Rs15.20 up by Rs1.97 or 14.89% from its previous closing of Rs13.23 on the BSE.

The scrip opened at Rs13.25 and has touched a high and low of Rs15.80 and Rs13.20 respectively. 

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