Buy ITC on dips: Shailesh Kadam

Shailesh Kadam of Pinc Research feels that one should buy ITC on dips.

Kadam told CNBC-Awaaz, "Investors should buy ITC on dips at Rs 187-188. The stock can give good return in future."
The company's trailing 12-month (TTM) EPS was at Rs 6.77 per share. (Jun 2011). The stock's price-to-
earnings (P/E) ratio was 28.42. The latest book value of the company is Rs 20.51 per share. At currentvalue, the price-to-book value of the company was 9.38. The dividend yield of the company was 2.31%.