Buy Texmaco, says Gujral

Published on Fri, Sep 03, 2010 at 08:52 |  Source : CNBC-TV18

Updated at Fri, Sep 03, 2010 at 09:23  

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Ashwani Gujral, Technical Analyst

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Buy Texmaco , says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "This is the right time to get into your railway stocks, so that you make 35-40% till the rail budget. Texmaco seems to be the strongest of the lot, so we can buy this with a stoploss of about Rs 154 and target here could be Rs 168."

The company's trailing 12-month (TTM) EPS was at Rs 7.95 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 20.01. The latest book value of the company is Rs 43.68 per share. At current value, the price-to-book value of the company was 3.64. The dividend yield of the company was 0.57%.

  

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