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May 02, 2012, 07.07 PM IST
Hemen Kapadia of Chartpundit.com is of the view that one should buy Sterlite Tech with a long term view.
Kapadia told CNBC-Awaaz, “Investors should buy Sterlite Tech for long term with a stoploss of Rs 28. The stock can touch Rs 49 in next 1 year time.” The company's trailing 12-month (TTM) EPS was at Rs 3.94 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 9.38. The latest book value of the company is Rs 25.76 per share. At current value, the price-to-book value of the company was 1.43. The dividend yield of the company was 1.35%.
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