Essel Group has acquired 55 lakh shares on April 2-3 in IVRCL. Essel Group stake goes up to 12.27% from 10.19%, reports CNBC-TV18.
IVRCL touched an intraday high of Rs 71.95 and an intraday low of Rs 68.50. At 11:20 hrs the share was quoting at Rs 70.75, up Rs 1.40, or 2.02%.
It was trading with volumes of 1,847,000 shares. In the previous trading session, the share closed down 0.43% or Rs 0.30 at Rs 69.35.
The company's trailing 12-month (TTM) EPS was at Rs 5.91 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 11.96. The latest book value of the company is Rs 74.32 per share. At current value, the price-to-book value of the company was 0.95. The dividend yield of the company was 0.85%.
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