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Buy Polaris, says JK Jain

JK Jain of Karvy Stock Broking is of the view that one should buy Polaris.

October 24, 2011 / 13:32 IST
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JK Jain of Karvy Stock Broking is of the view that one should buy Polaris.


Jain told CNBC-Awaaz, "Investors should buy Polaris with a trading perspective. The stock is looking good. It can touch Rs 145-150 in next 1-1.5 week time."
The company's trailing 12-month (TTM) EPS was at Rs 18.84 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 7.38. The latest book value of the company is Rs 92.38 per share. At current value, the price-to-book value of the company was 1.5. The dividend yield of the company was 3.24%.
first published: Oct 24, 2011 01:11 pm

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