Axis Bank, PNB, BoB fall on ex-dividend day

Last Updated: Thu, Jun 14, 2012 06:43 hrs

Axis Bank falls 1.7 percent, Bank of Baroda loses 1.2 percent, and Punjab National Bank declines 2.4 percent after stocks go ex-dividend on Thursday.

Axis Bank had declared a dividend of 16 rupees per share, Bank of Baroda a dividend of 17 rupees per share and Punjab National Bank a 22 rupees dividend for the fiscal year ended in March 2012.

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