Buy Orbit Corporation: Nitin Murarka

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Buy Orbit Corporation: Nitin Murarka

Nitin Murarka of SMC Global feels that one should buy Orbit Corporation.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Nitin Murarka See what other Experts & Brokerages are saying about Orbit Corporation See messages about Orbit Corporation

Nitin Murarka of SMC Global feels that one should buy Orbit Corporation .

Murarka told CNBC-Awaaz, "Investors should buy Orbit Corporation with a trading view. The stock is looking good on chart. If it crosses Rs 35 then we can see level of Rs 38-39 in near term."

The company's trailing 12-month (TTM) EPS was at Rs 5.53 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 6.42. The latest book value of the company is Rs 82.68 per share. At current value, the price-to-book value of the company was 0.43. The dividend yield of the company was 2.82%.