Invest in Sterlite Industries: Rajesh Agarwal

Rajesh Agarwal of Eastern Financiers advises to invest in Sterlite Industries.

Agarwal told CNBC-Awaaz, "Investors should invest in Sterlite Industries with a long term perspective. The stock is under pressure due low prices of commodity but it can give attractive return in next 1-1.5 year time."
The company's trailing 12-month (TTM) EPS was at Rs 4.00 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 29.33. The latest book value of the company is Rs 69.05 per share. At current value, the price-to-book value of the company was 1.7. The dividend yield of the company was 0.94%.