Invest in Bajaj Holdings: Jagdish Thakkar

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Invest in Bajaj Holdings: Jagdish Thakkar

Jagdish Thakkar of Fortune Fiscal feels that one should invest in Bajaj Holdings.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Jagdish Thakkar See what other Experts & Brokerages are saying about Bajaj Holdings See messages about Bajaj Holdings

Jagdish Thakkar of Fortune Fiscal feels that one should invest in Bajaj Holdings .

Thakkar told CNBC-Awaaz, "Investors should invest in Bajaj Holdings at current price. The stock is trading well since long time. It can touch Rs 1000-1200 in next 1-2 year time."

The company's trailing 12-month (TTM) EPS was at Rs 83.43 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 8.74. The latest book value of the company is Rs 413.61 per share. At current value, the price-to-book value of the company was 1.76. The dividend yield of the company was 4.8%.