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May 02, 2012, 07.07 PM IST
Jagannadham Thunuguntla of SMC Global, feels that one should invest in Syndicate Bank.
Jagannadham Thunuguntla of SMC Global, feels that one should invest in Syndicate Bank .
Thunuguntla told CNBC-Awaaz, “One can invest in Syndicate bank with a long term perspective. The stock can touch Rs 180 in next 1-1.5 year time.”
The company's trailing 12-month (TTM) EPS was at Rs 18.28 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 5.37. The latest book value of the company is Rs 111.07 per share. At current value, the price-to-book value of the company was 0.88. The dividend yield of the company was 3.77%.
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