Ambit Corporate buys 73.86 lakh shares of DCB

On June 19, 2013 Al Ain Capital LLC sold 73,90,527 shares of Development Credit Bank (DCB) at Rs 46 on the BSE.

However, Ambit Corporate Finance Private Limited bought 73,86,755 shares at Rs 46.
In the previous trading session, the share closed at Rs 50.85, up Rs 4.35, or 9.35 percent. It has touched a 52-week high of Rs 54.70.
The company's trailing 12-month (TTM) EPS was at Rs 1.07 per share. (Mar, 2013). The stock's price-to-earnings (P/E) ratio was 47.52. The latest book value of the company is Rs 39.98 per share. At current value, the price-to-book value of the company was 1.27.