Expect 5-7% upside in OBC: Kulkarni

Expect 5-7% upside in Oriental Bank of Commerce (OBC), says Shardul Kulkarni of Angel Broking.

Kulkarni told CNBC-TV18, "In case of momentum buys we had recommended Oriental Bank of Commerce and we continue to recommend that particular stock. We would expect another 5-7% upside." The company's trailing 12-month (TTM) EPS was at Rs 59.32 per share. (Dec, 2010). The stock's price-to-earnings (P/E) ratio was 6.13. The latest book value of the company is Rs 292.19 per share. At current value, the price-to-book value of the company was 1.24. The dividend yield of the company was 2.5%. Disclosure: It may possible that we may have positions in certain stocks and we have recommended certain stocks to our clients.