JB Chemicals has target of Rs 74: Gujral

Published on Mon, Mar 22, 2010 at 11:56 |  Source : CNBC-TV18

Updated at Mon, Mar 22, 2010 at 14:41  

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JB Chemicals has target of Rs 74: Gujral

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JB Chemicals and Pharmaceuticals has target of Rs 74, says Technical Analyst, Ashwani Gujral .

Gujral told CNBC-TV18, "JB Chemicals made fresh intermediate highs. It has good support of about Rs 65-66 and target for the day here could be levels of Rs 74. Particularly the double digit pharma stocks are tending to do better, so the smaller the pharma stocks more performance you are able to get."

JB Chemicals has touched an intraday high of Rs 74.75 and an intraday low of Rs 70.45. At 11:52 hrs the share was quoting at Rs 73.85, up Rs 2.80, or 3.94%. Market capitalisation stands at Rs 622.75 crore.

The company's trailing 12-month (TTM) EPS was at Rs 9.52 per share. The stock's price-to-earnings (P/E) ratio was 7.76. The latest book value of the company is Rs 63.09 per share. At current value, the price-to-book value of the company was 1.17. The dividend yield of the company was 1.35%.

  

Entities: Ashwani Gujral
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