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Jun 28, 2011, 05.25 PM IST
Buy Apollo Tyres, says Jagannadham Thunuguntla of SMC Global.
Thunuguntla told CNBC-Awaaz, “Investors should buy Apollo Tyres. It is looking very strong on daily chart. It can give effective return in future.”
The company's trailing 12-month (TTM) EPS was at Rs 3.93 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 20.00. The latest book value of the company is Rs 38.13 per share. At current value, the price-to-book value of the company was 2.06. The dividend yield of the company was 0.95%.
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