United Phosphorous looks attractive: Jani
United Phosphorous is looking attractive, says Hemang Jani, Senior VP at Sharekhan.
February 16, 2011 / 15:48 IST
United Phosphorous is looking attractive, says Hemang Jani, Senior VP at Sharekhan.
Jani told CNBC-TV18, "We think that United Phosphorous has been a laggard in the last one year, and even the performance in the last two quarters was not that impressive. But looking at the kind of geographical presence that they have well diversified product portfolio, we think that this company can grow at about 15-18% and now in this kind of a scenario, people are looking out for quality companies where corporate governance is not an issue, balance sheet is strong, so from that perspective I think United Phosphorous looks quite attractive."The company's trailing 12-month (TTM) EPS was at Rs 3.58 per share. (Dec, 2010). The stock's price-to-earnings (P/E) ratio was 40.24. The latest book value of the company is Rs 41.71 per share. At current value, the price-to-book value of the company was 3.45. The dividend yield of the company was 1.39%.Disclosure: It would be safe to presume that personally my company has interest in the above stock. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
