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This bank stock has surged 55% in 4 days; zoomed 103% from listing day low

Jana Small Finance Bank hit a record high of Rs 740 as they rallied 15% on the BSE in Monday's intraday trade amid heavy volumes

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Illustration: Ajay Mohanty

Deepak Korgaonkar Mumbai

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Jana SFB share price: Shares of Jana Small Finance Bank (Jana SFB) hit a record high of Rs 740 as they rallied 15 per cent on the BSE in Monday's intraday trade, amid heavy volume, in an otherwise rangebound market. The stock was trading at its highest level since its listing on February 14, 2024. In comparison, the BSE Sensex was up 0.02 per cent at 76,710 at 10:45 AM.

The market price of Jana SFB has more-than-doubled, zooming 103 per cent from its listing day low of Rs 365 per share. In the past four trading days, it has bounced