Hold Tata Coffee, says Mitesh Thacker

Hold Tata Coffee, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

January 20, 2011 / 10:06 IST

26 Aug, 2025 12:21

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Hold Tata Coffee, says Mitesh Thacker, Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "Tata Coffee looks pretty strong infact couple of days back the entire correction got over and then we saw very strong upmove. I think the momentum with which this move has started, I think this will probably last for quite some time. I would not be surprised to see the stock head higher atleast to the levels of Rs 850-900 also over a period of time. So I would probably advise to hold on to the stock."

The company's trailing 12-month (TTM) EPS was at Rs 19.86 per share. (Sep, 2010). The stock's price-to-earnings (P/E) ratio was 36.18. The latest book value of the company is Rs 192.69 per share. At current value, the price-to-book value of the company was 3.73. The dividend yield of the company was 1.04%.

first published: Jan 20, 2011 10:02 am

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