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.
HCL has committed $5 million over five years for programme and three NGOs with innovative and sustainable projects will be selected through a rigorous process.
The Indian IT sector faces significant headwinds as global demand has declined due to macroeconomic slowdown. This has reflected in shrinking of profits and margins of major India IT players like TCS, Wipro, HCLTech, etc.
SRINAGAR: Jammu and Kashmir Bank Shares rose to an eight-year high, gaining over 12 percent compared to the closing price on Wednesday. During the intraday trade, the bank’s shares reached a high of Rs 103.50 before closing at Rs 100.80 per share on the National Stock Exchange (NSE).