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Showing posts with the label Lakshmi Vilas Bank

Market News -DLF Drops 5%, Tata Steel, Lakshmi Vilas Bank shares jump

DLF Drops Over 5%  - After A Block Deal, Shares of DLF fell as much as 5.3 per cent, the most in over two months, to Rs 191. About 6.81 crore shares or 3.5 percent equity changed hands in a single block deal. Tata Steel, Lakshmi Vilas Bank shares jump - Shares of Tata Steel are trading 1.5% higher at Rs 556.35 after the firm reported record output post deal with Bhushan Steel. Lakshmi Vilas Bank shares jumped 5% to hit the upper price band at Rs 97.35 in the opening trade after the lender is all set to seek RBI, not for an intended merger with Indiabulls Lakshmi Vilas Bank board clears merger with Indiabulls Housing Finance -   Board of Lakshmi Vilas Bank on Friday approved merger with Indiabulls Housing Finance in a through a share swap deal, both companies said in separate regulatory filings. The shareholders of the private sector lender will get 0.14 share of Indiabulls Housing Finance for every 1 equity share held. The given merger is subject to the Reserv...