Nov 08, 2010, 12.23 PM IST

Mirza International can go up: Anu Jain

Mirza International can go up, says Anu Jain, VP, IIIFL Private Wealth Management.

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Anu Jain, VP, IIIFL Private Wealth Management
Mirza International can go up, says Anu Jain, VP, IIIFL Private Wealth Management.


Jain told CNBC-TV18, "I have looked at Mirza International after a long time; it looks like its confirming bullishness and the volumes have been very high. It moved out of a sideways zone but I think there could be some profit booking around those Rs 26 zone but in percentage terms that could be really huge. So, I would say, it can go up. I would hold if I was holding. I don’t know if this is the kind of stock I would buy into if didn’t know what is happening into it."


Mirza Intl trailing 12-month (TTM) EPS was at Rs 3.36 per share. (Sep, 2010). The stock's price-to-earnings (P/E) ratio was 7.53. The latest book value of the company is Rs 15.58 per share. At current value, the price-to-book value of the company was 1.62. The dividend yield of the company was 1.58%.


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