NMDC can touch Rs 285: VVLN Sastry

VVLN Sastry, Firstcall India Equity feel that NMDC can touch a target of around Rs 285.

Sastry told CNBC-TV18, "I feel that NMDC can touch a target of around Rs 285 and I have a stop loss at about Rs 230. I have a strong buy call on it."
The company's trailing 12-month (TTM) EPS was at Rs 16.39 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 15.75. The latest book value of the company is Rs 52.39 per share. At current value, the price-to-book value of the company was 4.93. The dividend yield of the company was 0.68%. Click HERE to know the rules and follow the score card