IRB Infra, IVRCL may continue to rally : SP Tulsian

Tulsian told CNBC-TV18, “One can look to identify the new stocks and if I need to do that probably my call will be more on the Nagarjuna Construction Company (NCC), which is ruling at a very low valuations, but continuing with the trend, which has already been participated in that I maybe taking a call more on the IRB Infra and IVRCL the kind of run up, which we have seen may likely to continue and the new ideas, which can get added in a very small stock, but very high beta and quite volatile the long positions on the Lanco Infra from hereon.”

IRB Infra trailing 12-month (TTM) EPS was at Rs 2.71 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 46.31. The latest book value of the company is Rs 47.44 per share. At current value, the price-to-book value of the company was 2.65. The dividend yield of the company was 1.2%.