Invest in Mahindra and Mahindra: Puneet Kinra

Puneet Kinra of Bonanza Portfolio feels that one should invest in Mahindra and Mahindra.

Kinra told CNBC-Awaaz, "Investors should invest in Mahindra and Mahindra around Rs 860-810 with a stoploss of Rs 740. The stock can touch Rs 1,180-1,200 in next 2-3 months time."
The company's trailing 12-month (TTM) EPS was at Rs 44.05 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 19.43. The latest book value of the company is Rs 167.46 per share. At current value, the price-to-book value of the company was 5.11. The dividend yield of the company was 1.34%.