Buy OnMobile Global for short term: Salil Sharma

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Buy OnMobile Global for short term: Salil Sharma

Salil Sharma, Salil, Kapur Sharma & Co is of the view that one should buy OnMobile Global for short term.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Salil Sharma See what other Experts & Brokerages are saying about OnMobile Global See messages about OnMobile Global

Salil Sharma, Salil, Kapur Sharma & Co is of the view that one should buy OnMobile Global for short term.

Sharma told CNBC-Awaaz, "Investors should buy OnMobile Global with a stoploss of Rs 70.50 with a short term perspective. The stock can touch Rs 78 in near term."

The company's trailing 12-month (TTM) EPS was at Rs 7.77 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 9.63. The latest book value of the company is Rs 69.14 per share. At current value, the price-to-book value of the company was 1.08.