Invest in Emami, says Somil Mehta

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Invest in Emami, says Somil Mehta

Somil Mehta of Sharekhan feels that one should invest in Emami.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Somil Mehta See what other Experts & Brokerages are saying about Emami See messages about Emami

Somil Mehta of Sharekhan feels that one should invest in Emami .

Mehta told CNBC-Awaaz, "Investors should invest in Emami. The stock is looking good and trading well. It can give 5-7% return in short term."

The company's trailing 12-month (TTM) EPS was at Rs 15.21 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 29.65. The latest book value of the company is Rs 45.14 per share. At current value, the price-to-book value of the company was 9.99. The dividend yield of the company was 0.78%.