Chettinad Cement board approves delisting; stk up 4%

Chettinad Cement board has approved delisting of the share, reports CNBC-TV18.

The promoter holds 88.44 percent in the company.
At 09:19 hrs Chettinad Cement was quoting at Rs 1,018.65, up Rs 40.60, or 4.15%. It has touched a 52-week high of Rs 1,071.75.
 
It was trading with volumes of 2,424 shares. In the previous trading session, the share closed up 3.38% or Rs 31.95 at Rs 978.05.
The company's trailing 12-month (TTM) EPS was at Rs 19.68 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 51.58. The latest book value of the company is Rs 282.84 per share. At current value, the price-to-book value of the company was 3.59. The dividend yield of the company was 0.74%