Sep 07, 2011, 04.42 PM | Source: CNBC-TV18

Shardul Kulkarni bullish on Lanco Infratech

Shardul Kulkarni, Angel Broking is bullish on Lanco Infratech.

Shardul Kulkarni, Angel Broking

Shardul Kulkarni, Angel Broking is bullish on Lanco Infratech .

Kulkarni told CNBC-TV18, "I am quite bullish on Lanco Infratech. A disclaimer that we do hold positions in case of Lanco Infra. On the upside I would expect the stock to test the levels of Rs 19.50 or even move to Rs 20 in the next couple of trading sessions."

The company's trailing 12-month (TTM) EPS was at Rs 1.20 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 15.29. The latest book value of the company is Rs 13.98 per share. At current value, the price-to-book value of the company was 1.31.

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