Piramal Health buys further 5.5% stake in Vodafone India

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Piramal Health buys further 5.5% stake in Vodafone India

Piramal Healthcare has acquired further 5.5% stake in Vodafone India, reports CNBC-TV18.

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Piramal Healthcare has acquired further 5.5% stake in Vodafone India. It has increased its stake to 11%, reports CNBC-TV18.

Piramal Healthcare touched an intraday high of Rs 475 and an intraday low of Rs 444. At 09:20 hrs the share was quoting at Rs 466.40, up Rs 28.10, or 6.41%.
 
It was trading with volumes of 38,857 shares. In the previous trading session, the share closed up 5.10% or Rs 21.25 at Rs 438.30.

Piramal Health's trailing 12-month (TTM) EPS was at Rs 768.06 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 0.61. The latest book value of the company is Rs 677.98 per share. At current value, the price-to-book value of the company was 0.69. The dividend yield of the company was 2.58%.