Buy Hindalco, says Rajesh Satpute

Rajesh Satpute of Mangal Keshav Securities feels that one should buy Hindalco.

Satpute told CNBC-Awaaz, "Investors should buy Hindalco with a stoploss of Rs 120. The stock is looking good on chart. It may go upto Rs 130-135 in coming days."
The company's trailing 12-month (TTM) EPS was at Rs 11.73 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 10.81. The latest book value of the company is Rs 155.11 per share. At current value, the price-to-book value of the company was 0.82. The dividend yield of the company was 1.18%.