Bank of Maharashtra to issue NCDs up to Rs 350cr; stock up

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Bank of Maharashtra will issue NCDs up to Rs 350 crore and Tier II Bonds up to Rs 1000 crore, reports CNBC-TV18.
 
At 09:21 hrs Bank of Maharashtra was quoting at Rs 60.65, up Rs 0.80, or 1.34%. It has touched an intraday high of Rs 60.65 and an intraday low of Rs 60.10.
 
It was trading with volumes of 2,812 shares. In the previous trading session, the share closed up 0.34% or Rs 0.20 at Rs 59.85.

The share touched its 52-week high Rs 62 and 52-week low Rs 37.75 on 20 December, 2012 and 29 December, 2011, respectively. Currently, it is trading 2.18% below its 52-week high and 60.66% above its 52-week low. Market capitalisation stands at Rs 3,575.88 crore.

The company's trailing 12-month (TTM) EPS was at Rs 6.86 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 8.84. The latest book value of the company is Rs 63.77 per share. At current value, the price-to-book value of the company was 0.95. The dividend yield of the company was 3.63%.



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