Book profit in Neyveli Lignite: Jatinder Sharma

Published on Tue, Sep 06, 2011 at 12:42 |  Source : CNBC-Awaaz

Updated at Tue, Sep 06, 2011 at 14:53  

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Jatinder Sharma, Equity Strategist

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Jatinder Sharma of Equity Strategist advises to book profit in Neyveli Lignite .

Sharma told CNBC-Awaaz, "Investors should book profit in Neyveli Lignite at around Rs 86. The stock is looking. There is no any indication of attractive upside in near term."

The company's trailing 12-month (TTM) EPS was at Rs 7.74 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 11.10. The latest book value of the company is Rs 66.61 per share. At current value, the price-to-book value of the company was 1.29. The dividend yield of the company was 2.33%.

  

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