Hindustan Copper OFS price set at Rs 155; stock plunges 13%

The floor price to divest Government's 4 percent stake in Hindustan Copper is set at Rs 155 per share , reports CNBC-TV18.

At 09:22 hrs Hindustan Copper was quoting at Rs 231.50, down Rs 34.80, or 13.07%. It has touched an intraday high of Rs 248.70 and an intraday low of Rs 217.90. 
 
It was trading with volumes of 395,206 shares. In the previous trading session, the share closed up 11.33% or Rs 27.10 at Rs 266.30.

Also Read - Hind Copper share sale price fixed at Rs 155/sh: Sources
 
The share touched its 52-week high Rs 320 and 52-week low Rs 146.25 on 02 February, 2012 and 20 December, 2011, respectively.
 
Currently, it is trading 27.66% below its 52-week high and 58.29% above its 52-week low.
 
Market capitalisation stands at Rs 21,418.80 crore.

The company's trailing 12-month (TTM) EPS was at Rs 2.42 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 95.83. The latest book value of the company is Rs 15.11 per share. At current value, the price-to-book value of the company was 15.35. The dividend yield of the company was 0.43%.