Man Industries sells 16.40 lakh shares of Rainbow Papers

On September 14, 2012 Man Industries India Ltd sold 833,017 shares of Rainbow Papers at Rs 70.36 on the NSE and sold 807,745 shares at Rs 70.36 on the BSE.

However, Saloo Investments And Consultants Limited bought 665,762 shares at Rs 70.44 on the NSE and bought 625,000 shares at Rs 70.40 on the BSE.

In the last trading session the share ended at Rs 70.35, down Rs 3.95, or 5.32%. It touched an intraday high of Rs 75.75 and an intraday low of Rs 66.20.

The share touched its 52-week high Rs 91.65 and 52-week low Rs 62.90 on 22 Aug, 2012 and 05 Dec, 2011, respectively. Currently, it is trading -23.24% below its 52-week high and 11.84% above its 52-week low. Market capitalisation stands at Rs 683.92 crore.

The company's trailing 12-month (TTM) EPS was at Rs 4.25 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 16.55. The latest book value of the company is Rs 31.76 per share. At current value, the price-to-book value of the company was 2.22. The dividend yield of the company was 0.57%.