L&T in strategic pact with Cyan Holdings; stock up

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L&T in strategic pact with Cyan Holdings; stock up

Larsen and Toubro (L&T) is in strategic pact with UK-based Cyan Holdings, reports CNBC-TV18.

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Larsen and Toubro (L&T) is in strategic pact with UK-based Cyan Holdings, reports CNBC-TV18.
 
It touched an intraday high of Rs 1,478 and an intraday low of Rs 1,447. At 12:04 hrs the share was quoting at Rs 1,455.90, up Rs 7.25, or 0.50%.
 
It was trading with volumes of 156,459 shares. In the previous trading session, the share closed up 0.11% or Rs 1.60 at Rs 1,448.65.

The company's trailing 12-month (TTM) EPS was at Rs 65.12 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 22.36. The latest book value of the company is Rs 350.53 per share. At current value, the price-to-book value of the company was 4.15. The dividend yield of the company was 1%.