Buy Reliance Infra on dips: Vishal Malkan

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Buy Reliance Infra on dips: Vishal Malkan

Buy Reliance Infra on dips, says Vishal B Malkan, CMT, www.malkansview.com.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by Vishal B Malkan See what other Experts & Brokerages are saying about Reliance Infra See messages about Reliance Infra

Buy Reliance Infra  on dips, says Vishal B Malkan, CMT, www.malkansview.com .

Malkan told CNBC-TV18, "Reliance Infrastructure is having a smart move on the charts on daily, weekly and monthly charts. Every dip on Reliance Infra would be a buy."

The company's trailing 12-month (TTM) EPS was at Rs 40.42 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 13.80. The latest book value of the company is Rs 653.10 per share. At current value, the price-to-book value of the company was 0.85. The dividend yield of the company was 1.29%.