Buy Aban Offshore, says Ashish Chaturmohta

Ashish Chaturmohta of IIFL Wealth feels that one should buy Aban Offshore.

Chaturmohta told CNBC-Awaaz, "Investors should buy Aban Offshore with a stoploss of Rs 388. The stock may go upto Rs 430 in next 2-3 days time."
The company's trailing 12-month (TTM) EPS was at Rs 32.46 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 12.42. The latest book value of the company is Rs 466.73 per share. At current value, the price-to-book value of the company was 0.86. The dividend yield of the company was 0.89%.