Buy Escorts for long term: DD Sharma

DD Sharma of Anand Rathi Securities advises to buy Escorts for long term.

Sharma told CNBC-Awaaz, "Investors should buy Escorts at current price with a long term view. The stock is looking under pressure in short term. It can give good return in long term."
The company's trailing 12-month (TTM) EPS was at Rs 13.14 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 6.31. The latest book value of the company is Rs 158.75 per share. At current value, the price-to-book value of the company was 0.52. The dividend yield of the company was 1.81%.