Invest in Nalco: Rajesh Satpute

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Invest in Nalco: Rajesh Satpute

Rajesh Satpute of Mangal Keshav Securities feels that one should invest in Nalco.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Rajesh Satpute See what other Experts & Brokerages are saying about NALCO See messages about NALCO NALCO BSE | NSE 01/06/12 Are Mutual Funds betting on NALCO?

Rajesh Satpute of Mangal Keshav Securities feels that one should invest in Nalco .

Satpute told CNBC-Awaaz, "Investors should invest in Nalco with a target of Rs 95-97."

The company's trailing 12-month (TTM) EPS was at Rs 4.15 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 20.24. The latest book value of the company is Rs 40.34 per share. At current value, the price-to-book value of the company was 2.08. The dividend yield of the company was 1.49%.