Vakrangee hits new high on addition in MSCI Global Standard Index
Shares of Vakrangee touched 52-week high of Rs 748, rising 4.4 percent intraday Friday on the back of addition in MSCI Global Standard Index.
Yesterday the share rallied over 5 percent on the back of addition.
On November 30, 2017 Integrated Core Strategies (Asia) Pte sold 39,44,067 shares of the company at Rs 712.49 on the NSE.
Earlier in this month, the company had declared bonus share in the ration of 1:1.
At 11:22 hrs Vakrangee was quoting at Rs 720.10, up Rs 3.80, or 0.53 percent on the BSE.
The company’s trailing 12-month (TTM) EPS was at Rs 11.91 per share. (Sep, 2017). The stock’s price-to-earnings (P/E) ratio was 60.14.
The latest book value of the company is Rs 38.92 per share. At current value, the price-to-book value of the company was 18.4.