Kavveri Tele to mull merger of Kavveri Tele Infra with self

Kavveri Telecom Products will consider merger of Kavveri Telecom Infra with self on November 26, reports CNBC-TV18. At 09:31 hrs Kavveri Telecom Products was quoting at Rs 107.40, up Rs 7.40, or 7.40%. It has touched an intraday high of Rs 109.95 and an intraday low of Rs 101.25.
 
It was trading with volumes of 18,797 shares. In the previous trading session, the share closed up 1.83% or Rs 1.80 at Rs 100.
 
The share touched its 52-week high Rs 271 and 52-week low Rs 92.85 on 01 August, 2012 and 07 November, 2012, respectively. Currently, it is trading 60.37% below its 52-week high and 15.67% above its 52-week low. Market capitalisation stands at Rs 216.13 crore.

The company's trailing 12-month (TTM) EPS was at Rs 24.38 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 4.41. The latest book value of the company is Rs 128.33 per share. At current value, the price-to-book value of the company was 0.84. The dividend yield of the company was 3.72%.