Book profits in Gujarat NRE Coke, says Jatinder Sharma, Partner, Equity Strategists.
Sharma told CNBC-TV18, "In Gujarat NRE Coke the breakout was at around Rs 62 levels and it suddenly spiked up above that and it has given about 20% return from those levels. One can take profits at current levels around Rs 71-72 and maybe look at accumulating at lower levels, about Rs 64-65." The company's trailing 12-month (TTM) EPS was at Rs 1.04 per share. (Sep, 2010). The stock's price-to-earnings (P/E) ratio was 66.97. The latest book value of the company is Rs 21.15 per share. At current value, the price-to-book value of the company was 3.29. The dividend yield of the company was 1.44%. Disclosure: I donDiscover 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!
