Patni delisting offer to open on Mar 28; stock gains 5.4%

Patni Computer Systems delisting offer will be open March 28 and end on March 30, reportsCNBC-TV18.
 
The stock touched an intraday high of Rs 502.00 and an intraday low of Rs 463.20. At 09:21 hrs the share was quoting at Rs 499.90, up Rs 25.60, or 5.40%.
 
It was trading with volumes of 30,177 shares, compared to its 5-day average of 5,416 shares, an increase of 457.20%.
 
In the previous trading session, the share closed down 0.52% or Rs 2.50 at Rs 474.30.

The company's trailing 12-month (TTM) EPS was at Rs 50.48 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 9.87. The latest book value of the company is Rs 0.00 per share. At current value, the price-to-book value of the company was 0. The dividend yield of the company was 12.65%.