Lloyd Electric can head upto Rs 95-96: Thacker

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Lloyd Electric can head upto Rs 95-96: Thacker

Lloyd Electric can head upto Rs 95-96, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Mitesh Thacker See what other Experts & Brokerages are saying about Lloyd Electric See messages about Lloyd Electric Lloyd Electric BSE | NSE 30/05/12 Are Mutual Funds betting on Lloyd Electric?

Lloyd Electric can head upto Rs 95-96, says Mitesh Thacker , Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "In Lloyd Electric we saw a good jump in delivery volumes. The stock could probably head towards levels of Rs 95-96 over the next few days and the stoploss could be around Rs 82."

The company's trailing 12-month (TTM) EPS was at Rs 12.63 per share. (Mar, 2010). The stock's price-to-earnings (P/E) ratio was 6.88. The latest book value of the company is Rs 132.33 per share. At current value, the price-to-book value of the company was 0.66.