See 15% upside in KRBL: Thacker

Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Mitesh Thacker See what other Experts & Brokerages are saying about KRBL See messages about KRBL KRBL BSE | NSE 10/02/12 Are Mutual Funds betting on KRBL?

See 15% upside in KRBL , says Mitesh Thacker , Technical Analyst, miteshthacker.com.

 

Thacker told CNBC-TV18, "We have seen strong run up in all the rice stocks and KRBL though its difficult to give a price target because its broken into all time highs but looks at the momentum and the technical setup at least 15% upside; Rs 40-42 should be easily tested probably even higher."

 

The company's trailing 12-month (TTM) EPS was at Rs 4.11 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 9.11. The latest book value of the company is Rs 20.56 per share. At current value, the price-to-book value of the company was 1.82. The dividend yield of the company was 0.8%.