NIIT can touch Rs 55: Paras Bothra

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NIIT can touch Rs 55: Paras Bothra

NIIT can touch Rs 55, says Paras Bothra of Ashika Stock Broking.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Paras Bothra See what other Experts & Brokerages are saying about NIIT See messages about NIIT

NIIT can touch Rs 55, says Paras Bothra of Ashika Stock Broking.

Bothra told CNBC-Awaaz, "Investors should invest in NIIT at current market price. The stock is looking good on chart. It can touch Rs 55 in next 6 months time."

The company's trailing 12-month (TTM) EPS was at Rs 2.47 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 18.93. The latest book value of the company is Rs 25.22 per share. At current value, the price-to-book value of the company was 1.85. The dividend yield of the company was 3.21%.