Harrisons Malyalam board has approved demerger of rubber and plantation business, reports CNBC-TV18.
The stock touched an intraday high of Rs 84.40 and an intraday low of Rs 78.10. At 09:33 hrs the share was quoting at Rs 81.95, up Rs 6.05, or 7.97%.
It was trading with volumes of 29,891 shares. In the previous trading session, the share closed down 3.50% or Rs 2.75 at Rs 75.90.
The company's trailing 12-month (TTM) EPS was at Rs 2.14 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 38.29. The latest book value of the company is Rs 96.40 per share. At current value, the price-to-book value of the company was 0.85. The dividend yield of the company was 1.83%.
