May 03, 2012, 02.49 PM IST

Pipavav Defence to form JV with Mazagon Dock

Pipavav Defence and Offshore Engineering Company is going to form JV with Mazagon Dock to build Indian Navy Warship, reports CNBC-TV18.

Source: Moneycontrol.com
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Pipavav Defence and Offshore Engineering Company is going to form JV with Mazagon Dock to build Indian Navy Warship, reports CNBC-TV18.


At 14:36 hrs the share was quoting at Rs 84.25, up Rs 4.35, or 5.44%. It touched an intraday high of Rs 85.10 and an intraday low of Rs 80.80.
 
It was trading with volumes of 5,354,463 shares, compared to its 5-day average of 1,211,485 shares, an increase of 341.98%.
 
In the previous trading session, the share closed down 4.20% or Rs 3.50 at Rs 79.90.


The company's trailing 12-month (TTM) EPS was at Rs 0.86 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 99.19. The latest book value of the company is Rs 24.67 per share. At current value, the price-to-book value of the company was 3.46.


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