Ind-Swift Labs has target of Rs 160: Gujral

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Ind-Swift Labs has target of Rs 160: Gujral

Ind-Swift Labs has target of Rs 160, says Technical Analyst, Ashwani Gujral.

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Excerpts from Power Breakfast on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Ind-Swift Labs See messages about Ind-Swift Labs Ind-Swift Labs BSE | NSE 01/06/12 Are Mutual Funds betting on Ind-Swift Labs?

Ind-Swift Labs has target of Rs 160, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "Ind-Swift Labs has been moving sideways for a couple of months and yesterday on very healthy volume moved out. This can be bought with a target of about Rs 160."

Ind-Swift Labs trailing 12-month (TTM) EPS was at Rs 21.00 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 6.83. The latest book value of the company is Rs 153.42 per share. At current value, the price-to-book value of the company was 0.93. The dividend yield of the company was 0.7%.