Greaves Cotton to mull special interim dividend on Mar 30


Greaves Cotton board will meet on March 30 to consider special interim dividend, reports CNBC-TV18.

The share touched an intraday high of Rs 88.50 and an intraday low of Rs 82. At 14:52 hrs the share was quoting at Rs 86.15, up Rs 2.95, or 3.55%.

It was trading with volumes of 68,518 shares. In the previous trading session, the share closed up 0.48% or Rs 0.40 at Rs 83.20.

The company’s trailing 12-month (TTM) EPS was at Rs 6.35 per share. (Dec, 2011). The stock’s price-to-earnings (P/E) ratio was 13.64. The latest book value of the company is Rs 21.37 per share. At current value, the price-to-book value of the company was 4.05. The dividend yield of the company was 1.73%