Andhra Bank scrip dips 11.7%

Shares of Andhra Bank dipped nearly 12 per cent on Thursday amid concerns over the lender’s exposure to companies whose coal blocks have been cancelled by the Supreme Court. The bank’s stock tumbled 11.67 per cent to settle at Rs 63.55 on the BSE. During the day, it dropped 14.52 per cent to Rs 61.50.