IOB and CBI hit new highs
By
Ruma Dubey
about 3 years ago
![No Image](https://images.sptulsian.com/articles/IOB-and-CBI-hit-new-highs.jpg)
The buzz around two PSU bank divestment is giving wind to a lot of speculation, we saw that last week and today too. Yesterday late evening, there was news that the two candidates have been finalized – Indian Overseas Bank and Central Bank of India.
The unconfirmed news is that these banks might see a 51% stake sale in the first phase.
This news was enough and both the stocks today among the top five gainers on the BSE, went on to hit a new high. CBI went on to hit a new 52-week high at Rs.28.30 and IOB at Rs.27.95.
For more insight into the veracity of this news, read - https://www.sptulsian.com/f/mg/2-PSB-for-Privatisation--Now-a-TV-Channel-with-chequered-history-is-flashing-it
22nd Jun 2021 at 07:38 pm