Gujral told CNBC-TV18, "Tata Sponge Iron is a metal kind of play since the largecap metals have moved, now the smaller metal related stocks are likely to move. So we could buy this with a stoploss of about Rs 363. Target here of Rs 407 is possible."
The company's trailing 12-month (TTM) EPS was at Rs 61.15 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 6.16. The latest book value of the company is Rs 272.77 per share. At current value, the price-to-book value of the company was 1.38. The dividend yield of the company was 2.12%.
