Stay invested in ING Vysya Bank: Thunuguntla

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Stay invested in ING Vysya Bank: Thunuguntla

Stay invested in ING Vysya Bank, says Jagannadham Thunuguntla of SMC Global.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by Jagannadham Thunuguntla See what other Experts & Brokerages are saying about ING Vysya Bank See messages about ING Vysya Bank

Stay invested in ING Vysya Bank , says Jagannadham Thunuguntla of SMC Global.

Thunuguntla told CNBC-TV18, "One can stay invested in ING Vysya Bank because as we have seen with midsized banks many of them are giving decent results. Panic was established towards 2011 calendar year ending about the banks. After the IndusInd Bank results there is a relief on the overall banks."

The company's trailing 12-month (TTM) EPS was at Rs 26.34 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 12.07. The latest book value of the company is Rs 169.80 per share. At current value, the price-to-book value of the company was 1.87. The dividend yield of the company was 0.94%.