Buy Coal India on dips: Jagannadham Thunuguntla

Buy Coal India on dips, says Jagannadham Thunuguntla of SMC Global.

Thunuguntla told CNBC-Awaaz, "Investors should buy Coal India on dips at Rs 300-320 with a trading perspective. The stock is looking good. It may go upto Rs 400 in future."
The company's trailing 12-month (TTM) EPS was at Rs 9.61 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 34.06. The latest book value of the company is Rs 30.77 per share. At current value, the price-to-book value of the company was 10.64. The dividend yield of the company was 1.19%.