Sasken Comm board to consider buyback of shares; stk up 11%

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Sasken Comm board to consider buyback of shares; stk up 11%

Sasken Communication Technologies board will consider buyback of shares, reports CNBC-TV18.

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Sasken Communication Technologies board will consider buyback of shares, reports CNBC-TV18.

It touched an intraday high of Rs 125 and an intraday low of Rs 115. At 09:19 hrs the share was quoting at Rs 119.90, up Rs 12.20, or 11.33%.
 
It was trading with volumes of 38,390 shares, compared to its 5-day average of 12,471 shares, an increase of 207.84%.
 
In the previous trading session, the share closed up 0.09% or Rs 0.10 at Rs 107.70.

The company's trailing 12-month (TTM) EPS was at Rs 34.95 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 3.43. The latest book value of the company is Rs 156.39 per share. At current value, the price-to-book value of the company was 0.77. The dividend yield of the company was 5.83%.