Tulip Telecom looks weak: Puneet Kinra

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Tulip Telecom looks weak: Puneet Kinra

Tulip Telecom is looking weak, says Puneet Kinra of Bonanza Portfolio.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Puneet Kinra See what other Experts & Brokerages are saying about Tulip Telecom See messages about Tulip Telecom

Tulip Telecom is looking weak, says Puneet Kinra of Bonanza Portfolio.

Kinra told CNBC-Awaaz, "Tulip Telecom is looking weak. The stock is trading on dips since long time. We can see level of Rs 135-140 in future."

The company's trailing 12-month (TTM) EPS was at Rs 22.40 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 6.90. The latest book value of the company is Rs 83.90 per share. At current value, the price-to-book value of the company was 1.84. The dividend yield of the company was 1.04%.