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Exit SBI, Say Amit Goyal

Amit Goyal of Pace Group advises to exit SBI.

November 11, 2011 / 18:34 IST
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Amit Goyal of Pace Group advises to exit SBI.


Goyal told CNBC-Awaaz, "Investors should exit SBI. The stock is looking weak and this weakness will continue in future as well. It may go down by 15-20% in next few months."
The company's trailing 12-month (TTM) EPS was at Rs 114.06 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 15.78. The latest book value of the company is Rs 1023.40 per share. At current value, the price-to-book value of the company was 1.76. The dividend yield of the company was 1.67%.
first published: Nov 11, 2011 03:07 pm

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