More upside seen in NIIT Tech , says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "NIIT Tech which announced results has a very good chart and I think there is more upside here in spite of the gains. So there is a buy there. Coal India which disappointed in the afternoon on the back of news has completed its up move. I think there is a lot of selling still left."
NIIT Tech's trailing 12-month (TTM) EPS was at Rs 20.80 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 10.20. The latest book value of the company is Rs 97.70 per share. At current value, the price-to-book value of the company was 2.17. The dividend yield of the company was 3.53%.
