Allahabad Bank to consider pref shares issue today

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Allahabad Bank to consider pref shares issue today

Allahabad Bank is going to consider issue of equity shares on preferential basis today, reports CNBC-TV18.

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Allahabad Bank is going to consider issue of equity shares on preferential basis today, reports CNBC-TV18.

The share touched an intraday high of Rs 211.40 and an intraday low of Rs 197. At 13:33 hrs the share was quoting at Rs 198.75, down Rs 8.70, or 4.19%.
 
It was trading with volumes of 241,382 shares. In the previous trading session, the share closed up 4.59% or Rs 9.10 at Rs 207.45.

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 6.65. 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 1.24. The dividend yield of the company was 3.02%.