Invest in Firstsource for long term: Jatinder Sharma

Published on Tue, Sep 13, 2011 at 13:26 |  Source : CNBC-Awaaz

Updated at Tue, Sep 13, 2011 at 15:00  

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Jatinder Sharma,  Equity Strategist

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Invest in Firstsource Solutions for long term, says Jatinder Sharma of Equity Strategist.

Sharma told CNBC-Awaaz, "Investors should invest in Firstsource Solutions with a long term perspective. The stoploss for this buying would be Rs 11.50. If the stock remains at the level of Rs 13.50 then we can see level of Rs 15.50-16 in future."

The company's trailing 12-month (TTM) EPS was at Rs 1.40 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 9.13. The latest book value of the company is Rs 21.42 per share. At current value, the price-to-book value of the company was 0.6.

  

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