Allahabad Bank board meets tomorrow to consider pref issue

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Allahabad Bank board meets tomorrow to consider pref issue

Allahabad Bank board is meeting tomorrow to consider preferential issue, reports CNBC-TV18.

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Allahabad Bank board is meeting tomorrow to consider preferential issue, reports CNBC-TV18.

It touched an intraday high of Rs 204.40 and an intraday low of Rs 200.60. At 09:20 hrs the share was quoting at Rs 202.95, up Rs 4.60, or 2.32%.
 
It was trading with volumes of 12,130 shares. In the previous trading session, the share closed up 2.72% or Rs 5.25 at Rs 198.35.

The company's trailing 12-month (TTM) EPS was at Rs 29.88 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 6.78. The latest book value of the company is Rs 160.50 per share. At current value, the price-to-book value of the company was 1.26. The dividend yield of the company was 2.96%.