Buy Hexaware, KPIT Cummins, says Prakash Diwan

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Buy Hexaware, KPIT Cummins, says Prakash Diwan

Buy Hexaware Technologies and KPIT Cummins, says Prakash Diwan, Asit C Mehta Investment Intermediates.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Prakash Diwan See what other Experts & Brokerages are saying about Hexaware Tech See messages about Hexaware Tech

Buy Hexaware Technologies and KPIT Cummins , says Prakash Diwan, Asit C Mehta Investment Intermediates.

Diwan told CNBC-TV18, "Given the situation that we are in, we continue to like Hexaware and KPIT Cummins, these are two stocks that could distinctly be outperformer within the IT pack. So if you just go ahead and buy into these at these levels, make some good money in the next few days."

Hexaware Tech's trailing 12-month (TTM) EPS was at Rs 4.49 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 17.81. The latest book value of the company is Rs 26.06 per share. At current value, the price-to-book value of the company was 3.07. The dividend yield of the company was 3.75%.