Feb 13, 2012, 08.24 PM | Source: CNBC-TV18
Profit booking likely to see in State Bank of India (SBI), says Prakash Diwan, Head - Institutional Clients Group, Asit C Mehta Investment.
Diwan told CNBC-TV18, ďSBI numbers allay all the fears that we had, particularly the NPA was a concerned and thatís what comes through, but except for the treasury loss that has been a slight disappointment. I think numbers are very much in line with expectation, but the stock should see some kind of a profit booking from hereon. Itís just kind of valid, the kind of run up that we have already seen for the last few days, I think we should expect some sort of a profit being taken of.Ē
The company's trailing 12-month (TTM) EPS was at Rs 130.15 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 16.36. The latest book value of the company is Rs 1023.40 per share. At current value, the price-to-book value of the company was 2.08. The dividend yield of the company was 1.41%.
Overall slippages can be in the range of Rs 20,000
CA Rudramurthy BV of Vachana Investments recommend
Gaurav Bissa, Derivatives Analyst at LKP Securitie
Key corporates, including BPCL, Tata Power, Cipla,
Mundra, who joined RBI after rising up the ranks i
Ashwani Gujral of ashwanigujral.com is of the view
On CNBC-TV18's show Super Six, market gurus Vishal
Union Bank of India | ONGC | BHEL | Akzo Noble | F