HDIL can add another 3-5%: Anu Jain

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HDIL can add another 3-5%: Anu Jain

Housing Development and Infrastructure (HDIL) can add another 3-5%, says Anu Jain, Sr Vice President, IIFL Private Wealth Management.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Anu Jain See what other Experts & Brokerages are saying about HDIL See messages about HDIL

Housing Development and Infrastructure (HDIL) can add another 3-5%, says Anu Jain, Sr Vice President, IIFL Private Wealth Management.

Jain told CNBC-TV18, "I think HDIL is looking decent to basically hold on to at those levels and I would look at any dips to get into something like DLF because it's moved strongly. But I think HDIL can have another 3-5% definitely on the cards, so probably that looks good."

HDIL's trailing 12-month (TTM) EPS was at Rs 21.62 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 4.26. The latest book value of the company is Rs 223.91 per share. At current value, the price-to-book value of the company was 0.41.