Invest in Divis Labs at Rs 740-745: Daljit Singh Kohli

Invest in Divis Labs at Rs 740-745, says Daljit Singh Kohli of Indianivesh.

Kohli told CNBC-Awaaz, "Investors should invest in Divis Labs at Rs 740-745 with a long term perspective. The stock is looking strong with good valuation. It can touch Rs 900 in next 1-1.5 year time."
The company's trailing 12-month (TTM) EPS was at Rs 34.06 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 21.52. The latest book value of the company is Rs 137.78 per share. At current value, the price-to-book value of the company was 5.32. The dividend yield of the company was 1.36%.