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Shares of Lakshmi Vilas Bank Ltd rose as much as 4.1 per cent to Rs 102.25.
According to a media report, the private sector lender is in talks to sell up to 51 per cent stake to strategic investors as it aims to ring fence the balance sheet with capital.
Earlier this month, LVB got shareholders' nod to raise capital. Lakshmi Vilas Bank officials were not immediately available for comment.
More than 1.2 million shares changed hands, 2.2 times their 30-day average of 529,890 shares.
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