City Union Bank to raise Rs 258 cr; stock up 3%

Written By Unknown on Rabu, 05 Desember 2012 | 12.44

City Union Bank will raise Rs 258 crore via rights issue, reports CNBC-TV18.

At 09:21 hrs City Union Bank was quoting at Rs 57.60, up Rs 1.70, or 3.04%. It has touched an intraday high of Rs 57.75 and an intraday low of Rs 56.35.
 
It was trading with volumes of 36,249 shares. In the previous trading session, the share closed up 0.09% or Rs 0.05 at Rs 55.90.
 
The share touched its 52-week high Rs 58.50 and 52-week low Rs 33.85 on 04 December, 2012 and 20 December, 2011, respectively.
 
Currently, it is trading 1.54% below its 52-week high and 70.16% above its 52-week low.
 
Market capitalisation stands at Rs 2,951.65 crore.

The company's trailing 12-month (TTM) EPS was at Rs 5.31 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 10.84. The latest book value of the company is Rs 28.26 per share. At current value, the price-to-book value of the company was 2.04. The dividend yield of the company was 1.74%.



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