Astra Microwave has target of Rs 71.5: Thacker

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Astra Microwave has target of Rs 71.5: Thacker

Astra Microwave Products has target of Rs 71.5, says Mitesh Thacker, miteshthacker.com.

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Excerpts from Power Breakfast on CNBC-TV18 Watch the full show » ALSO READ See previous views by Mitesh Thacker See what other Experts & Brokerages are saying about Astra Microwave See messages about Astra Microwave Astra Microwave BSE | NSE 31/05/12 Are Mutual Funds betting on Astra Microwave?

Astra Microwave Products has target of Rs 71.5, says Mitesh Thacker , miteshthacker.com.

Thacker told CNBC-TV18, "In Astra Micro we have seen very strong delivery volumes plus buy signals being generated on daily charts. I think the stock price will do very well over the next few days but for the day I have bought it with the price target of Rs 71.5."

Astra Microwave Products trailing 12-month (TTM) EPS was at Rs 1.08 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 59.72. The latest book value of the company is Rs 23.49 per share. At current value, the price-to-book value of the company was 2.75. The dividend yield of the company was 0.78%.