Buy First Leasing, says Gujral

Gujral told CNBC-TV18, "All these double digit type of stocks in general are moving higher. So First Leasing Company of India seems to have good momentum and we could buy this with a stoploss of about Rs 82. The next target here could be closer to Rs 98."

The company's trailing 12-month (TTM) EPS was at Rs 15.48 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 5.68. The latest book value of the company is Rs 106.01 per share. At current value, the price-to-book value of the company was 0.83. The dividend yield of the company was 2.05%.