Visa Steel can touch Rs 66-67: Prakash Diwan

Published on Mon, May 23, 2011 at 09:44 |  Source : CNBC-TV18

Updated at Mon, May 23, 2011 at 10:49  

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Visa Steel can touch Rs 66-67, says Prakash Diwan of Networth Stock Broking.

Diwan told CNBC-TV18, "At current market price of about Rs 55-57 Visa Steel is discounted at about five times of FY12 expectation in earnings but going forward this could also get into a different orbit and would probably be very easily in that Rs 66-67 zone in the next six-nine months."

  

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