Nilekani stake buy boosts D’Laxmi bank

Shares of Dhanlaxmi Bank rose more than 11% on reports that Infosys co-founder and chairman of the Unique Identification Authority of India, Nandan Nilekani, has acquired over 1% in the private sector lender.

Shares of Dhanlaxmi Bank rose more than 11% on reports that Infosys co-founder and chairman of the Unique Identification Authority of India, Nandan Nilekani, has acquired over 1% in the private sector lender.

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The scrip closed at Rs 120.8 on Monday 3.7% up after hitting the intra-day high of Rs 130.