Exit Bharati Shipyard around Rs 100-100: Puneet Kinra

Exit Bharati Shipyard around Rs 100-100, says Puneet Kinra of Bonanza Portfolio.

Kinra told CNBC-Awaaz, "Investors should sell Bharati Shipyard on rally. The stock has important support at Rs 55-56. It may not go upto Rs 100-100 in near term. One can exit at that level."

The company's trailing 12-month (TTM) EPS was at Rs 32.26 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 2.49. The latest book value of the company is Rs 300.39 per share. At current value, the price-to-book value of the company was 0.27. The dividend yield of the company was 3.73%.