Sep 21, 2011, 04.16 PM IST

Hold KS Oils, says Puneet Kinra

Puneet Kinra of Bonanza Portfolio is of the view that one should hold KS Oils.

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Puneet Kinra, Bonanza Portfolio
Puneet Kinra of Bonanza Portfolio is of the view that one should hold KS Oils .


Kinra told CNBC-Awaaz, "Investors should hold KS Oils with a stoploss loss of Rs 8. The stock is trading on dips but we can see level of Rs 14-15 in coming sessions. One can exit from stock at that level."


The company's trailing 12-month (TTM) EPS was at Rs 4.42 per share. (Mar 2011). The stock's price-to-earnings (P/E) ratio was 2.41. The latest book value of the company is Rs 32.51 per share. At current value, the price-to-book value of the company was 0.33. The dividend yield of the company was 1.69%.


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