Hold Amtek Auto, says Hitendra Vasudeo

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Hold Amtek Auto, says Hitendra Vasudeo

Hitendra Vasudeo of stockmechanics.com is of the view that one should hold Amtek Auto.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Hitendra Vasudeo See what other Experts & Brokerages are saying about Amtek Auto See messages about Amtek Auto

Hitendra Vasudeo of stockmechanics.com is of the view that one should hold Amtek Auto .

Vasudeo told CNBC-Awaaz, "Investors should hold Amtek Auto. The stock is looking strong and we can see some upside in stock. It can touch Rs 155-170 in future.One can buy this stock with a stoploss of Rs 125."

The company's trailing 12-month (TTM) EPS was at Rs 3.66 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 39.34. The latest book value of the company is Rs 160.24 per share. At current value, the price-to-book value of the company was 0.9. The dividend yield of the company was 0.69%.