Invest in RIL for long term: Gajendra Nagpal

Gajendra Nagpal of Unicon Investment advises to invest in Reliance Industries for long term.

Nagpal told CNBC-Awaaz, "Investors should invest in Reliance Industries with a long term perspective. The stock is looking good and it can give attractive return in long term."
The company's trailing 12-month (TTM) EPS was at Rs 64.43 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 12.15. The latest book value of the company is Rs 446.11 per share. At current value, the price-to-book value of the company was 1.75. The dividend yield of the company was 1.02%.