Sanjeev Agarwal, CEO, Dynamix Research & Capital Management is of the view that one can exit Educomp Solutions around Rs 100.
Agarwal told CNBC-TV18, "A month back Educomp Solutions was trading around Rs 120 and I had told this share will crack very badly, in two figures and actually it has come down much lower than that. We never thought that it will come around Rs 50. There have been structural issues with the stock and it had been in a bear market for many years and it has been just going down and making new lows. So my advice is that whenever one gets a bounce back around Rs 100, he/she should exit."
The share closed at Rs 57.75, down Rs 0.25, or 0.43 percent. It has touched a 52-week low of Rs 56.80.
The company's trailing 12-month (TTM) EPS was at Rs 19.56 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 2.95. The latest book value of the company is Rs 148.32 per share. At current value, the price-to-book value of the company was 0.39. The dividend yield of the company was 0.52 percent.