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Aug 24, 2012, 11.30 AM IST
See upside in Shree Cements, says SP Tulsian, sptulsian.com.
See upside in Shree Cements , says SP Tulsian, sptulsian.com.
Tulsian told CNBC-TV18, "In Shree Cements I think a further upside of Rs 200-250 is seen in the next week or so, because if you go by the results though the effect has come largely from the power segments and lower depreciation charge of Rs 150 crore, but still this will be seen quite positive. But this seems to be the results having peaked out and maybe the profit booking should start coming in at Rs 3,550 or maybe Rs 3,600 or so." The company's trailing 12-month (TTM) EPS was at Rs 60.19 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 56.90. The latest book value of the company is Rs 747.67 per share. At current value, the price-to-book value of the company was 4.58. The dividend yield of the company was 0.41%.
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