 "hare brokers react to falling stock prices on screens of computers and television")
Shares of RBL Bank were trading lower for the fourth straight day, down 3 per cent at Rs 326 in the intra-day trade on Tuesday on profit-booking after the private sector lender raised more than Rs 2,000 crore through qualified institutional placement (QIP). The stock has fallen below its QIP issue price of Rs 351 per share on the BSE.
In the past four trading days, RBL Bank has underperformed the market by falling 13 per cent on asset quality concerns. In comparison, the S&P BSE Sensex has slipped 1 per cent during the period.
Prior to QIP
In the past four trading days, RBL Bank has underperformed the market by falling 13 per cent on asset quality concerns. In comparison, the S&P BSE Sensex has slipped 1 per cent during the period.
Prior to QIP
