Hold Ind-Swift Labs, says Birendra Kumar Singh

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Hold Ind-Swift Labs, says Birendra Kumar Singh

Birendra Kumar Singh of FRR Shares feels that one should hold Ind-Swift Labs.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Birendra Kumar Singh See what other Experts & Brokerages are saying about Ind-Swift Labs See messages about Ind-Swift Labs

Birendra Kumar Singh of FRR Shares feels that one should hold Ind-Swift Labs .

Singh told CNBC-Awaaz, "Investors should hold Ind-Swift Labs with a stoploss of Rs 85. The stock can touch Rs 96-99 in future. One can book profit at that level."

The company's trailing 12-month (TTM) EPS was at Rs 26.33 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 3.39. The latest book value of the company is Rs 132.06 per share. At current value, the price-to-book value of the company was 0.68. The dividend yield of the company was 1.12%.