The company made this announcement during trading hours today, 27 March 2008. Meanwhile, the BSE Sensex was down 195.64 points, or 1.22%, to 15,891.19 after a drop in US durable goods stoked concerns the US is already in a recession. The stock hit a high of Rs 1005 and a low of Rs 965.50 so far during the day. The stock had a 52-week high of Rs 2630 on 2 July 2007 and a 52-week low of Rs 892 on 24 March 2008. The mid-cap scrip had underperformed the market over the past one month till 26 March 2008, declining 11.19% compared to the Sensex's fall of 9.66%. It had also underperformed the market in the past one quarter, declining 35.07% compared to Sensex's decline of 20.43%.
The company's current equity is Rs 41.87 crore. Face value per share is Rs 5. The current price of Rs 965.50 discounts its Q3 December 2007 annualized EPS of Rs 52.92, by a PE multiple of 18.24. The bank will implement Flexcube for its corporate and retail banking operations in its branches across Vietnam. On 22 February 2008, Vietnam's FPT bank selected i-flex's universal banking solution Flexcube for retail and corporate banking operations in Vietnam.
0 comments:
Post a Comment