Jan 05, 2011, 04.33 PM IST | Source: Moneycontrol.com

Axis-IT&T subsidiary plans for Pref share issue

Axis-IT&T subsidiary Cades Digitech Private is planning to do a preferential issue of 27,41,935 equity shares of Rs 10 each.

Axis-IT&T subsidiary plans for Pref share issue
Axis-IT&T Ltd has informed BSE that the Company's subsidiary Company Cades Digitech Private Limited is planning to do a preferential issue of 27,41,935 (Twenty Seven Lacs Forty One Thousand Nine Hundred and Thirty Five Only) Equity shares of Rs. 10/- each. The allotment is proposed to be done at the next Board meeting of
Cades Digitech Private Limited. This will result in the dilution of Axis-IT&T Limited's shareholding in Cades Digitech Private Limited from the current holding of 60.45% to 51.10%.
Source : BSE

AXIS IT&T stock price

On April 16, 2014, AXIS IT&T closed at Rs 63.00, up Rs 0.00, or 0.00 percent. The 52-week high of the share was Rs 68.00 and the 52-week low was Rs 28.30.


The company's trailing 12-month (TTM) EPS was at Rs 3.65 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 17.26. The latest book value of the company is Rs 20.36 per share. At current value, the price-to-book value of the company is 3.09.

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