Buy Kinetic Motor above Rs 19: Imtiaz Qureshi

Published on Tue, Sep 27, 2011 at 16:43 |  Source : CNBC-Awaaz

Updated at Wed, Sep 28, 2011 at 08:25  

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Buy Kinetic Motor above Rs 19: Imtiaz Qureshi

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Imtiaz Qureshi of Investia Financial feels that one should buy Kinetic Motor above Rs 19.

Qureshi told CNBC-Awaaz, "One should buy Kinetic Motor above Rs 19.  In the short term it can test Rs 22-23."

The company's trailing 12-month (TTM) EPS was at Rs 0.16 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 109.06. The latest book value of the company is Rs -16.90 per share. At current value, the price-to-book value of the company was -1.03.

  

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