Pick Hindustan Zinc around Rs 134-135, says Anu Jain, Sr Vice President, IIFL Private Wealth Management.
Jain told CNBC-TV18, "I have been a long time believer in Hindustan Zinc and I continue to feel that of all of them it's pretty much the best stock. Yesterday the way all of them have given up a bit I think if it holds Rs 134 kind of levels on a dip that would be a level to get into the counter. So I wouldn't go and pick it up today but around Rs 134-135 it makes a fair pick."
The company's trailing 12-month (TTM) EPS was at Rs 11.60 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 12.21. The latest book value of the company is Rs 53.33 per share. At current value, the price-to-book value of the company was 2.66. The dividend yield of the company was 0.71%.
