JP Associates, DLF can add 6-7%: Mohindar

Jaiprakash Associates and DLF are expected to add 6-7% on the upside from current level, says Rahul Mohindar, Director, viratechindia.com.

Mohindar told CNBC-TV18, "High beta stocks like JP Associates and DLF, if we look at the very short term, I am really thinking of this more from an August futures trader. I think you have got much more bang on the stocks, you are probably going to get another 6-7% on the upside even from the current level, so the kind of upmove we have we would probably see good follow through on this." JP Associates' trailing 12-month (TTM) EPS was at Rs 3.56 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 21.26. The latest book value of the company is Rs 48.07 per share. At current value, the price-to-book value of the company was 1.57. The dividend yield of the company was 1.06%.