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Andhra Bank up on expansion plans

This article was posted on Jan 7, 2010 and is filed under Market News

Andhra Bank ended at Rs 109, stronger by 1.5%, on the BSE.

The stock opened at Rs 109 and touched a high of Rs 110 and a low of Rs 108 during the day.

The counter saw total trades of 2.84 lakh shares as against the two-week average of 2.68 lakh shares.

Andhra Bank is eyeing Rs 3,600 crore business in Vizag.

The stock opened at Rs 109, touched a high of Rs 111. The scrip is now trading at Rs 110, up 1.5% from its previous close. The counter has clocked volumes of 0.84 shares on the BSE.

The Visakhapatnam zone of Andhra Bank is targeting to end the current financial year with a total business of Rs 3,600 crore.

source: Business Standard


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