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Jammu and Kashmir Bank raises Rs 750 cr via QIP - The Hindu BusinessLine

Jammu and Kashmir Bank raises Rs 750 cr via QIP - The Hindu BusinessLine
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3 insights to kick-start your day, featuring J&K Bank s stock

In Primeshots today: J&K Banks stock zooms; Corning to set up factory in India; and Blusmart expands fleet.

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j&k bank shares: J&K Bank shares jump 12%, hit 52-week high on launching Rs 750 crore QIP

The lender has set the floor price for the issue at Rs 112.66 per share, reflecting a discount of 10% from the company s previous closing price of Rs 125.1 on the BSE.

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J&K Bank launches Rs 750 crore QIP; shares jump 6%

J&K Bank board has set the floor price for the QIP issue at Rs 112.66 per share, reflecting a discount of 10.02 percent from the company s December 11 closing price.

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Jammu & Kashmir Bank shares climbed 12% today Here s why

The J&K Bank QIP opened on December 11, with the J&K Bank approving the floor price of the QIP at Rs 112.66 per share. The lender said it would, at its discretion, offer a discount of not more than 5 per cent on the floor price.

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