Buy Patni Computer for short term: Rajesh Agarwal

Rajesh Agarwal of Eastern Financiers feels that one should buy Patni Computer for short term.

Agarwal told CNBC-Awaaz, "Investors should buy Patni Computer with a short term view. The stock is looking strong with good valuation. It can give attractive return in near term."
The company's trailing 12-month (TTM) EPS was at Rs 40.67 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 8.60. The latest book value of the company is Rs 219.56 per share. At current value, the price-to-book value of the company was 1.59. The dividend yield of the company was 18.01%.