Buy HDIL, says Somil Mehta

Somil Mehta of Sharekhan advises to buy HDIL.

Mehta told CNBC-Awaaz, "Investors should buy HDIL with a stoploss of Rs 99. The stock is looking good on chart. It may go upto Rs 111-112 in short term."
The company's trailing 12-month (TTM) EPS was at Rs 20.81 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 4.90. The latest book value of the company is Rs 223.91 per share. At current value, the price-to-book value of the company was 0.46.