Prakash Diwan view on IndusInd Bank

Published on Mon, Jan 09, 2012 at 16:48 |  Source : CNBC-TV18

Updated at Mon, Jan 09, 2012 at 17:02  

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Prakash Diwan, Asit C Mehta Investment Intermediates

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Prakash Diwan, Asit C Mehta Investment Intermediates share his view on IndusInd Bank .

Diwan told CNBC-TV18, "IndusInd Bank has been a kind of a outperformer of sorts atleast in the recent past, though we have seen some kind of value getting shaved off in the last few weeks, but nevertheless amongst the private sector new age smaller bank, it's distinctly one of the most promising ones and I would definitely want a bit of it in my portfolio."

The company's trailing 12-month (TTM) EPS was at Rs 12.39 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 19.83. The latest book value of the company is Rs 81.82 per share. At current value, the price-to-book value of the company was 3. The dividend yield of the company was 0.81%.

  

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