Book profit in Bank of Maharashtra: Ranak Merchant

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Book profit in Bank of Maharashtra: Ranak Merchant

Ranak Merchant of Shushil Finance is of the view that one should book profit in Bank of Maharashtra.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ranak Merchant See what other Experts & Brokerages are saying about Bank of Mah See messages about Bank of Mah

Ranak Merchant of Shushil Finance is of the view that one should book profit in Bank of Maharashtra .

Merchant told CNBC-Awaaz, "Investors should book profit in Bank of Maharashtra and hold the remaining. The stock can give attractive return in next 2-3 year time."

The company's trailing 12-month (TTM) EPS was at Rs 6.93 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 7.00. The latest book value of the company is Rs 61.02 per share. At current value, the price-to-book value of the company was 0.79. The dividend yield of the company was 4.12%.