Buy Praj Industries: Hemen Kapadia

Hemen Kapadia of Chartpundit.com is of the view that one can buy Praj Industries.

Kapadia told CNBC-Awaaz, “One can buy Praj Industries at Rs 68 with a stoploss of Rs 63. We can see the level of Rs 78 in next 3 weeks time.”
The company's trailing 12-month (TTM) EPS was at Rs 2.89 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 24.13. The latest book value of the company is Rs 30.25 per share. At current value, the price-to-book value of the company was 2.31. The dividend yield of the company was 1.81%.