HDIL can move to Rs 113-115: Abhijit Paul

Published on Fri, Feb 10, 2012 at 11:31 |  Source : CNBC-TV18

Updated at Fri, Feb 10, 2012 at 11:44  

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Abhijit Paul, AVP - Technical Analyst, Brics Securities

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HDIL can move to Rs 113-115, says Abhijit Paul, AVP - Technical Analyst, Brics Securities.

Paul told CNBC-TV18, "HDIL has given a nice breakout. It has tested the level of Rs 99 and that's where the short term supply is. I sense the next four-five days it is going to ease off a bit. The next level on the upside lies at Rs 113-115."

The company's trailing 12-month (TTM) EPS was at Rs 21.62 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 4.46. The latest book value of the company is Rs 223.91 per share. At current value, the price-to-book value of the company was 0.43.

  

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