Avoid Gammon India: Gujral

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Avoid Gammon India: Gujral

Avoid Gammon India, says Technical Analyst, Ashwani Gujral.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Gammon India See messages about Gammon India Gammon India BSE | NSE 31/05/12 Are Mutual Funds betting on Gammon India?

Avoid Gammon India , says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Gammon India is still sideways, so it's avoidable. It's sideways between levels of Rs 170 and about Rs 250 so it's not going anywhere."

Gammon India trailing 12-month (TTM) EPS was at Rs 11.70 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 19.53. The latest book value of the company is Rs 150.13 per share. At current value, the price-to-book value of the company was 1.52. The dividend yield of the company was 0.26%.