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Hold Bajaj Auto, says Ashish Maheshwari

Ashish Maheshwari of Globe Capital advises to hold Bajaj Auto.

October 24, 2011 / 13:32 IST
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Ashish Maheshwari of Globe Capital advises to hold Bajaj Auto.


Maheshwari told CNBC-Awaaz, "Investors should hold Bajaj Auto. The stock is looking good on chart. It can touch Rs 1800-1850 in next 3-6 month time."
The company's trailing 12-month (TTM) EPS was at Rs 119.59 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 14.16. The latest book value of the company is Rs 169.69 per share. At current value, the price-to-book value of the company was 9.98. The dividend yield of the company was 2.36%.
first published: Oct 24, 2011 01:09 pm

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