May 04, 2012, 12.28 PM IST

Godrej Industries may test Rs 350: Rajesh Agarwal

Godrej Industries may test Rs 350 in next 9-12 months time, says Rajesh Agarwal of Eastern Financiers.

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Godrej Industries  may test Rs 350 in next 9-12 months time, says Rajesh Agarwal of Eastern Financiers.


Agarwal told CNBC-Awaaz, "Invest in Godrej Industries with a long term perspective. The stock can reach at the level of Rs 350 in next 9-12 months time."


The company's trailing 12-month (TTM) EPS was at Rs 4.33 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 61.67. The latest book value of the company is Rs 33.96 per share. At current value, the price-to-book value of the company was 7.86. The dividend yield of the company was 0.66%.


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