Alok Industries can touch Rs 20-21: Sandeep Jain

Alok Industries can touch Rs 20-21, says Sandeep Jain of Trade swift Broking.

Jain told CNBC-Awaaz, "Investors should hold Alok Industries. The stock is looking good in textile sector. The stock can touch Rs 20-21 in future."

The company's trailing 12-month (TTM) EPS was at Rs 4.93 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 3.46. The latest book value of the company is Rs 39.32 per share. At current value, the price-to-book value of the company was 0.43. The dividend yield of the company was 1.47%.