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Jun 15, 2010, 02.28 PM IST
Ucal Fuel Systems has its 200 DMA around Rs 70 and it has found support out there. On the upside, it can go as high as Rs 110, says Technical Analyst, Ashwani Gujral.
Gujral told CNBC-TV18, "Ucal Fuel Systems has its 200 DMA around Rs 70 and it has found support out there. On the upside, this stock can go as high as Rs 110. It’s not outperforming but it has found support and it's just trying to rally back up to previous highs." The company's trailing 12-month (TTM) EPS was at Rs 2.91 per share. (Mar, 2010). The stock's price-to-earnings (P/E) ratio was 31.96. The latest book value of the company is Rs 95.37 per share. At current value, the price-to-book value of the company was 0.98.
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