Investors are suggested to buy Bank Of Rajasthan to make quick gains. It has gained 4.4% on Monday, and marked its closure at Rs 169.90 on the Bombay Stock Exchange (BSE).

The stock looks brilliant for intraday trading on Tuesday. Interested day traders can buy the stock between Rs 169-170. The stock may surely touch Rs 176 and the maximum target for the day is Rs 181.

So, don’t miss the opportunity. Grab with both hands as much of Bank of Rajasthan stock as you can. The stock has touched a 52- week high of Rs 199.

The shareholders of Bank of Rajasthan, at the extra ordinary general meeting (EGM) of the Bank held on Nov. 30, 2007, agreed to issue 10 million shares at a price of Rs 166.75 a share on preferential basis to Indus Capital Partners LLC New York and Max India.

Established in 1943, Bank Of Rajasthan is owned by the Krishna Group. It is headquarted in Jaipur (Rajasthan). Over 44% of its equity stake is owned by the promoters, whereas the Indian public holds about 40%.

The bank has over 452 branches, 40 extension counters and 5 service branches  located nationwide. The forex business branches are located at Mumbai, Ahmedabad,  Bangalore, Bhilwara, Kolkata, Chennai, New Delhi, Hyderabad, Indore, Jaipur, Jodhpur, Pune and Udaipur. It has also incorporated a wholly owned subsidiary company called Rajasthan Bank Financial Services to deal with other financial activities.