Allied Digital Services has target of Rs 104: Shah

Allied Digital Services has target of Rs 104, says Gaurang Shah, Geojit BNP Paribas Financial Services.

Shah told CNBC-TV18, "I am going long on Allied Digital Services with a stop loss of Rs 95 and a target of Rs 104."

The company's trailing 12-month (TTM) EPS was at Rs 23.47 per share. (Dec, 2010). The stock's price-to-earnings  (P/E) ratio was 4.24. The latest book value of the company is Rs 136.60 per share. At current value, the price-to-book  value of the company was 0.73. The dividend yield of the company was 1.01%.