Buy Coal India, says Dharmesh Kant

Dharmesh Kant of Indianivesh Securities is of the view that one should buy Coal India.

Kant told CNBC-Awaaz, "Investors should buy Coal India with a stoploss of Rs 320. The stock is looking good on chart. It may go upto Rs 350-360 in next 1-2 week time."
The company's trailing 12-month (TTM) EPS was at Rs 9.61 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 34.79. The latest book value of the company is Rs 30.77 per share. At current value, the price-to-book value of the company was 10.86. The dividend yield of the company was 1.17%.