LIC cuts stake in Tata Global by 2.06%

LIC has cut stake in Tata Global Beverage by 2.06%, reports CNBC-TV18.
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Feb 28, 2012, 03.05 PM | Source: Moneycontrol.com

LIC cuts stake in Tata Global by 2.06%

LIC has cut stake in Tata Global Beverage by 2.06%, reports CNBC-TV18.

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LIC cuts stake in Tata Global by 2.06%

LIC has cut stake in Tata Global Beverage by 2.06%, reports CNBC-TV18.

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LIC has cut stake in Tata Global Beverage by 2.06%, reports CNBC-TV18.

The share touched an intraday high of Rs 119.15 and an intraday low of Rs 114.05. At 14:59 hrs the share was quoting at Rs 119.00, up Rs 5.70, or 5.03%.
 
It was trading with volumes of 377,864 shares. In the previous trading session, the share closed down 5.15% or Rs 6.15 at Rs 113.30.

The company's trailing 12-month (TTM) EPS was at Rs 2.92 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 40.86. The latest book value of the company is Rs 32.90 per share. At current value, the price-to-book value of the company was 3.63. The dividend yield of the company was 1.68%.

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LIC cuts stake in Tata Global by 2.06%

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