Andhra Bank, the public sector lender, witnessed a rise in share price on Monday after the bank on Saturday reported a sharp rise of 89.27% in first quarter profit. The bank reported a profit of Rs 2,025.20 million for the quarter ended Jun. 30, 2015, compared with Rs 1,070 million, a year ago.
 
Quarterly income totalled at Rs 45,292.30 million, an increase of 7.71% over Rs 42,050.60 million in the same period a year ago.

Shares of Andhra Bank are trading at Rs 71, up Rs 1.95, or 2.82% at the Bombay Stock Exchange (BSE) on Monday at 2:44 p.m.

The scrip has touched an intra-day high of Rs 73 and low of Rs 70.85. The total volume of shares traded at the BSE is 556,995.