Britannia close to sell 6 acre land for Rs 550cr

Britannia Industries  is close to sell its 6 acre Bangalore land for approximately Rs 550 crore, reports Business Standard. 
 
At 09:38 hrs Britannia Industries was quoting at Rs 486.10, up Rs 8.85, or 1.85%. It has touched an intraday high of Rs 495 and an intraday low of Rs 483.30. 
 
It was trading with volumes of 7,975 shares. In the previous trading session, the share closed up 0.93% or Rs 4.40 at Rs 477.25.

The company's trailing 12-month (TTM) EPS was at Rs 12.16 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 40.02. The latest book value of the company is Rs 43.51 per share. At current value, the price-to-book value of the company was 11.19. The dividend yield of the company was 1.75%.