UB to mull amalgamation with Scottish & New Castle; stk up

United Breweries (UB) is considering amalgamation with Scottish & New Castle (India). The company is seeking shareholders' nod for amalgamation on September 24, reports CNBC-TV18.

It touched a 52-week high of Rs 654. At 09:24 hrs the share was quoting at Rs 644.70, up Rs 16.05, or 2.55%.
 
It was trading with volumes of 62,445 shares. In the previous trading session, the share closed up 9.22% or Rs 53.05 at Rs 628.65.

The company's trailing 12-month (TTM) EPS was at Rs 6.60 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 97.58. The latest book value of the company is Rs 44.41 per share. At current value, the price-to-book value of the company was 14.5. The dividend yield of the company was 0.09%.