Buy ICICI Bank 960 Call: IIFL

Buy ICICI Bank 960 Call, says Manoj Murlidharan Vayalar, Associate Vice President-Derivatives, IIFL.

Murlidharan told CNBC-TV18, "ICICI Bank looks good though but still I would say, we go and buy out of the money call options, not really enter the fusion in that. So a 960 call option for the current month should cost you around Rs 15 and we can go long on that, we can buy that keeping a stop loss of Rs 9 and we are expecting around Rs 26."
The company's trailing 12-month (TTM) EPS was at Rs 44.73 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 21.07. The latest book value of the company is Rs 0.00 per share. At current value, the price-to-book value of the company was 0. The dividend yield of the company was 1.49%.