Don't invest in GMR Infra: Salil Sharma

Do not invest in GMR Infra, says Salil Sharma of Kapoor Sharma and Company.

Sharma told CNBC-Awaaz, "Investors should not invest in GMR Infra. Infra sector is looking weak and that weakness will continue in future as well. We cannot see much upside in stock. One should stay away from the stock."
The company's trailing 12-month (TTM) EPS was at Rs 0.23 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 127.61. The latest book value of the company is Rs 18.42 per share. At current value, the price-to-book value of the company was 1.59.