Book profit in JSW Steel: Gaurang Shah

Gaurang Shah of Geojit BNP Paribas feels that one should book profit in JSW Steel.

Shah told CNBC-Awaaz, "Investors should book profit in JSW Steel. All metal stocks are looking under pressure. If the Company's Q2 result will be good then we can see some upside in the stock. One should book profit at that rally."
The company's trailing 12-month (TTM) EPS was at Rs 100.34 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 5.82. The latest book value of the company is Rs 733.06 per share. At current value, the price-to-book value of the company was 0.8. The dividend yield of the company was 2.1%.