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Jul 14, 2011, 01.28 PM IST

Buy DCB with target of Rs 66.50: Joshi

Buy DCB with a target of Rs 66.50, says Sharmila Joshi of Fairwealth Securities.

Sharmila Joshi, Head- Equity ,Peerless Securities

Expertise : Equity - Fundamental ,IPO

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Buy DCB with a target of Rs 66.50, says Sharmila Joshi of Fairwealth Securities.


Joshi told CNBC-TV18, "Buy DCB with a target of Rs 66.50 and keep a stoploss at Rs 63.75."


The company's trailing 12-month (TTM) EPS was at Rs 1.07 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 60.47. The latest book value of the company is Rs 28.10 per share. At current value, the price-to-book value of the company was 2.3.


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