SAIL hikes long product prices by 3.9%; stock up

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SAIL hikes long product prices by 3.9%; stock up

Steel Authority of India (SAIL) has hikes long product prices by 3.9%, reports CNBC-TV18, quoting agencies.

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Steel Authority of India (SAIL) has hikes long product prices by 3.9%, reports CNBC-TV18, quoting agencies.
 
The company touched an intraday high of Rs 109 and an intraday low of Rs 106.50. At 11:40 hrs the share was quoting at Rs 107.95, up Re 1, or 0.94%.
 
It was trading with volumes of 207,236 shares. In the previous trading session, the share closed up 1.62% or Rs 1.70 at Rs 106.95.

The company's trailing 12-month (TTM) EPS was at Rs 11.82 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 9.13. The latest book value of the company is Rs 89.75 per share. At current value, the price-to-book value of the company was 1.2. The dividend yield of the company was 2.22%.