Mar 15, 2012, 12.32 PM | Source: Moneycontrol.com
Manappuram Finance promoter has sold 4% stake to PE players at Rs 40 per share, reports CNBC-TV18.
Barings India bought 1.04 crore shares (1.23%equity), Beaver Investment Holdings bought 68.43 lakh shares (0.81% equity) and BRIC II Mauritius bought 50.47 lakh shares.
At 09:25 hrs the share was quoting at Rs 46.85, up Rs 0.85, or 1.85%. It touched an intraday high of Rs 47.70 and an intraday low of Rs 45.40.
It was trading with volumes of 417,123 shares. In the previous trading session, the share closed up 3.60% or Rs 1.60 at Rs 46.
The company's trailing 12-month (TTM) EPS was at Rs 3.39 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 13.89. The latest book value of the company is Rs 2.31 per share. At current value, the price-to-book value of the company was 20.39. The dividend yield of the company was 1.27%.
The company said its Financial Resources and Manag
"The proposal to raise funds through secured redee
The company's microfinance book stands at Rs 1,000
In an interview to CNBC-TV18 Rahul Arora, CEO of N