Public sector lender Allahabad Bank will raise over Rs 57.5 crore by issuing shares on preferential basis to LIC.
The company's trailing 12-month (TTM) EPS was at Rs 0.66 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 84.77. The latest book value of the company is Rs 192.83 per share. At current value, the price-to-book value of the company is 0.29.