Book profit in REC: Abhinay Jain

Abhinay Jain of Sharekhan is of the view that one should book profit in REC.

Jain told CNBC-Awaaz, "Investors should book profit in REC. We can see some upside in the stock in near term. It can touch Rs 200-210 in coming days. One can book profit at that level."
The company's trailing 12-month (TTM) EPS was at Rs 26.83 per share. (Sep 2011).The stock's price-to-earnings (P/E) ratio was 7.03. The latest book value of the company is Rs 129.51 per share. At current value, the price-to-book value of the company was 1.46. The dividend yield of the company was 3.98%.