Buy Mirc Electronics: Gujral

Published on Wed, Oct 13, 2010 at 13:28 |  Source : CNBC-TV18

Updated at Wed, Oct 13, 2010 at 13:50  

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Ashwani Gujral, Technical Analyst

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Buy Mirc Electronics , says Technical Analyst, Ashwani Gujral.

Gujral told CNBC-TV18, "In Diwali season censurable durable type stocks are likely to do well plus Mirc Electronics is a double digit stock that is an extra plus. So we buy this one with a stoploss of about Rs 27 and target here could be Rs 35."

The company's trailing 12-month (TTM) EPS was at Rs 1.53 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 19.38. The latest book value of the company is Rs 18.04 per share. At current value, the price-to-book value of the company was 1.64. The dividend yield of the company was 3.2%.

  

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