Buy Peninsula Land: Kunal Saraogi

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Buy Peninsula Land: Kunal Saraogi

Kunal Saraogi of Equityrush feels that one should buy Peninsula Land.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Kunal Saraogi See what other Experts & Brokerages are saying about Peninsula Land See messages about Peninsula Land

Kunal Saraogi of Equityrush feels that one should buy Peninsula Land .

Saraogi told CNBC-Awaaz, "Investors should buy Peninsula Land with a stoploss of Rs 50. The stock can touch Rs 60 in future."

The company's trailing 12-month (TTM) EPS was at Rs 8.80 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 5.78. The latest book value of the company is Rs 53.37 per share. At current value, the price-to-book value of the company was 0.95. The dividend yield of the company was 3.34%.