Rohit Ferro Tech has allotted 3.35 crore shares at Rs 60 per share on preferential basis, reports CNBC-TV18.
At 09:43 hrs Rohit Ferro Tech was quoting at Rs 34.05, up Rs 2.80, or 8.96%. It has touched an intraday high of Rs 35 and an intraday low of Rs 32.45.
It was trading with volumes of 370,359 shares, compared to its five day average of 142,546 shares, an increase of 159.82%.
In the previous trading session, the share closed up 4.52% or Rs 1.35 at Rs 31.25.
The share touched its 52-week high Rs 44.00 and 52-week low Rs 21.45 on 22 February, 2012 and 20 December, 2011, respectively.
Currently, it is trading 22.61% below its 52-week high and 58.74% above its 52-week low.
Market capitalisation stands at Rs 273.34 crore.
The company's trailing 12-month (TTM) EPS was at Rs 8.36 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 4.03. The latest book value of the company is Rs 72.08 per share. At current value, the price-to-book value of the company was 0.47. The dividend yield of the company was 1.48%.
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