Orchid Chemicals can slip to Rs 135: Puneet Kinra

Orchid Chemicals can slip to Rs 135, says Puneet Kinra of Bonanza Portfolio.

Kinra told CNBC-Awaaz, "Orchid Chemicals is trading badly since 4-5 weeks. The stock is looking weak on chart and it may go down to Rs 135 in future."
The company's trailing 12-month (TTM) EPS was at Rs 21.78 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 7.99. The latest book value of the company is Rs 160.99 per share. At current value, the price-to-book value of the company was 1.08. The dividend yield of the company was 1.72%.