JK Bank share price on all-time high Print

altJehlum Post News|Srinagar| Apr 1, 2014| J&K Bank share Tuesday jumped to its highest ever price of  1635 on NSE and 1629 on BSE as the bank was among top gainers in Group A companies. The stock recorded an appreciation of 5.56 pc and 5.04 pc at NSE and BSE respectively during the day. The share surged remarkably by around 80 on both stock exchanges and stood at 1623.45 on NSE and 1614.45 on BSE when the markets closed. More than 1.62 lac shares were traded during the day. During the bank’s Platinum

Jubilee Year, the bank’s share has leaped by around ` 400 displaying an unshakable market trust in growth and capacities of the bank. Notably, Credit Suisse Group, a leading global financial services company, recently cherry-picked J&K Bank among top five organisations in Asia as an interesting investment opportunity. The selection was made on the basis of business outlook, financial strength, valuation, market cap and trading liquidity. The share of the bank for 2014 has been targeted by the group at ` 1700 from ` 1226.95 with potential upside of 38.6 percent.

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