IRB Infra can touch Rs 175-180: Ashish Chaturmohta

IRB Infra can touch Rs 175-180, says Ashish Chaturmohta of IIFL Wealth.

Chaturmohta told CNBC-Awaaz, "Investors should buy IRB Infra with a stoploss of Rs 162-163. The stock is looking strong in infra sector. It may go upto Rs 175-180 in near term."
The company's trailing 12-month (TTM) EPS was at Rs 3.36 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 48.59. The latest book value of the company is Rs 42.45 per share. At current value, the price-to-book value of the company was 3.85. The dividend yield of the company was 0.92%.