JP Associates can move to Rs 90-95: Sukhani

Jaiprakash Associates can move to Rs 90-95, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "One has to see whether Jaiprakash Associates is worth buying now and the answer would be yes. The stock is likely to be an outperformer. From current prices one can expect JP Associates to move to Rs 90-95 at which point one could reassess and maybe exit."
The company's trailing 12-month (TTM) EPS was at Rs 5.48 per share. (Mar, 2012). The stock's price-to-earnings (P/E) ratio was 12.86. The latest book value of the company is Rs 48.07 per share. At current value, the price-to-book value of the company was 1.47. The dividend yield of the company was 1.14%.