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Valiant Mauritius sells 1.1 cr shares of Jindal Saw

On November 11, 2014 Valiant Mauritius Partners sold 1,10,00,000 shares of Jindal Saw.

November 12, 2014 / 08:50 AM IST
 
 
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On November 11, 2014 Valiant Mauritius Partners Ltd sold 38,16,000 shares of Jindal Saw at Rs 80.54 on the NSE and sold 20,14,000 shares at Rs 80.48 on the BSE.

However, Valiant Mauritius Partners Offshore Limited sold 17,86,000 shares at Rs 80.48 on the BSE sold 33,84,000 shares at Rs 80.54 on the NSE.

On Tuesday Jindal Saw ended at Rs 88.40, up Rs 6.45, or 7.87 percent.

The share touched its 52-week high Rs 98.35 and 52-week low Rs 45.40 on 23 September, 2014 and 13 November, 2013, respectively.

The company's trailing 12-month (TTM) EPS was at Rs 8.57 per share. (Sep, 2014). The stock's price-to-earnings (P/E) ratio was 10.32. The latest book value of the company is Rs 140.54 per share. At current value, the price-to-book value of the company was 0.63. The dividend yield of the company was 1.13 percent.

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