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Utkarsh SFB surges 17% on heavy volumes; zooms 141% over issue price

Till 12:09 PM, a combined 34.73 million equity shares, representing 3 per cent of total equity of Utkarsh SFB, had changed hands on the NSE and BSE

Utkarsh Micro Finance gets RBI's final nod for SFB
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SI Reporter Mumbai

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Shares of Utkarsh Small Finance Bank (SFB) hit a record high of Rs 60.30 as they surged 17 per cent on the BSE in Thursday's intraday trade on the back of heavy volumes.

With this, Utkarsh SFB is ruling 141 per cent higher over its issue price of Rs 25 per share. The stock surpassed its previous high of Rs 56.30 touched on July 24, 2023. The bank made stock market debut on July 21.

At 12:09 PM, Utkarsh SFB was quoting 15 per cent higher at Rs 59.20 as compared to 0.70 per cent rise in the

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