Petroleum and Natural Gas Regulatory Board (PNGRB) has cut Gujarat State Petronet's gas grid tariff by 12.5% w.e.f November 2008, reports CNBC-TV18.
Gujarat State Petronet touched an intraday high of Rs 80 and an intraday low of Rs 73.80. At 09:27 hrs the share was quoting at Rs 78, up Rs 3.05, or 4.07%.
It was trading with volumes of 334,683 shares. In the previous trading session, the share closed down 1.12% or Rs 0.85 at Rs 74.95.
The company's trailing 12-month (TTM) EPS was at Rs 9.28 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 8.42. The latest book value of the company is Rs 43.84 per share. At current value, the price-to-book value of the company was 1.78. The dividend yield of the company was 1.28%.
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