Jun 13, 2012, 09.25 AM IST

Ashok Leyland plans to raise Rs 750cr; stock up

Ashok Leyland board is planning to raise Rs 750 crore via QIP/FPO/private placement in various tranches, reports CNBC-TV18.

Source: Moneycontrol.com
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Ashok Leyland board is planning to raise Rs 750 crore via QIP/FPO/private placement in various tranches, reports CNBC-TV18.


It touched an intraday high of Rs 29.00 and an intraday low of Rs 26.90. At 09:21 hrs the share was quoting at Rs 27.45, up Rs 0.40, or 1.48%.
 
It was trading with volumes of 83,702 shares. In the previous trading session, the share closed up 0.74% or Rs 0.20 at Rs 27.05.


The company's trailing 12-month (TTM) EPS was at Rs 4.75 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 5.79. The latest book value of the company is Rs 9.99 per share. At current value, the price-to-book value of the company was 2.75. The dividend yield of the company was 7.27%.


 


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