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Thursday, September 8, 2016

Vijaya Bank gained 4% on Intraday Thursday

Vijaya BankAfter the commencement of today’s trading session, Vijaya Bank share price soar above 4%. The stock opened at Rs.39.80 as opposed to its previous close, recorded at Rs.39.80. The stock touched the days high and low at Rs. 43.30 and Rs. 39.80 respectively. Till 12:30 pm around 11,27,565 shares were traded in the counter with a traded value of Rs. 473.01 lacs, as per NSE. The stock volume surged on two consecutive days on 7th and 8th September by more than 2.76 times and 3.46 times respectively.
Vijaya Bank, the Public Sector Bank is based in Bangalore, Karnataka, India. Considered as one of the nationalized banks in India, the Bank offers a wide array of financial products and services to the customers through its various delivery channels. It is also identified by Dynamic Levels as the top 500 performing stocks for this quarter.  As of now Vijaya Bank share is trading at Rs. 41.55.
The lower price band of the share is Rs. 31.85 and the upper price band is Rs. 47.75. The monthly(as of August) high of Vijaya Bank share price stands at Rs. 41.65 on 1st  August ’16 whereas the monthly low is seen at  Rs. 36.50 on 10th August ’16. The stock touched its one year high value on 15th July ’16 at Rs. 45.90. On the other hand the 52 week low value was observed at Rs. 28.20 on 18th Jan ’16. The Average Daily Movement of the stock is 1.51 and its average volume for last 20 days is 452722. The stock yields 1.40% monthly returns and has the PE ratio of 9.94. The market cap of the company amounts to Rs. 3975.40 (Cr) and has a book value of Rs. 66.05.In order to acquire further details on the support and resistance refer to Vijaya Bank share price forecast.

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