Book profit in Tata Steel: Amit Goyal

Amit Goyal of Pace Group advises to book profit in Tata Steel.

Goyal told CNBC-Awaaz, "Investors should book profit in Tata Steel. All metal stocks are looking under pressure. There is strong indication of downside in Tata Steel."
The company's trailing 12-month (TTM) EPS was at Rs 78.25 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 5.50. The latest book value of the company is Rs 503.19 per share. At current value, the price-to-book value of the company was 0.85. The dividend yield of the company was 2.79%.