Tata Global forms JV with Pepsi Co India; stock gains 3.2%

Published on Thu, Feb 09, 2012 at 14:30 |  Source : Moneycontrol.com

Updated at Thu, Feb 09, 2012 at 14:46  

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Tata Global forms JV with Pepsi Co India; stock gains 3.2%

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Tata Global Beverage has formed JV with Pepsi Co India to launch health beverages, reports CNBC-TV18.

The share touched a 52-week high of Rs 126.40. At 14:29 hrs the share was quoting at Rs 121.75, up Rs 3.80, or 3.22%.
 
It was trading with volumes of 2,241,150 shares. In the previous trading session, the share closed up 3.78% or Rs 4.30 at Rs 117.95.

The company's trailing 12-month (TTM) EPS was at Rs 2.92 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 41.70. The latest book value of the company is Rs 32.90 per share. At current value, the price-to-book value of the company was 3.7. The dividend yield of the company was 1.64%.

  

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