Hold Indraprastha Medical: Anu Jain

Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Anu Jain See what other Experts & Brokerages are saying about Indraprastha See messages about Indraprastha Indraprastha BSE | NSE 10/02/12 Are Mutual Funds betting on Indraprastha?

Hold Indraprastha Medical Corporation , says Anu Jain of IIFL Private Wealth Management.

Jain told CNBC-TV18, "Indraprastha Medical Corporation broken out from those Rs 44.80-44.90 levels and it is at Rs 48 and can attempt Rs 53. If you want to hold on for a longer time for about Rs 53.5 you can keep holding it or you want to keep a stop loss which is more like 2.5% looking at the market and looking at the volatility then even that would be better."

She further added, "At this price, I would not go and buy this out. I will continue to hold it if I already have it in my portfolio."

At 13:24 hrs the share was quoting at Rs 47.85, up Rs 2.65, or 5.86%.  Yesterday the share closed up 3.55% or Rs 1.55 at Rs 45.20. Market capitalisation stands at Rs 438.66 crore.

The company's trailing 12-month (TTM) EPS was at Rs 3.20 per share. The stock's price-to-earnings (P/E) ratio was 14.95. The latest book value of the company is Rs 13.29 per share. At current value, the price-to-book value of the company was 3.6. The dividend yield of the company was 3.13%.