Triveni Engineering can touch Rs 28, says Santosh Kumar Singh of Fortune Interfinance.
Singh told CNBC-Awaaz, "Short term investors should hold Triveni Engineering with a stoploss of 24.50. If today stock crosses the level of 24.50 then it can touch Rs 28. One can sell it at that level."
The company's trailing 12-month (TTM) EPS was at Rs 1.69 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 14.17. The latest book value of the company is Rs 37.80 per share. At current value, the price-to-book value of the company was 0.63. The dividend yield of the company was 3.13%.
