Educomp Solutions may slip to Rs 153: Manghnani

Educomp Solutions may slip to Rs 153, says Anil Manghnani, Modern Shares & Stock Brokers.

Manghnani told CNBC-TV18, "In Educomp Solutions the next target is Rs 153. It is a stock that has gone and broken the 2008 lows quite comfortably; Rs 266 was the low in October 2008 or March 2009 and now the stock has gone and hit Rs 200, so clearly in a major downtrend next level is Rs 153."

The company's trailing 12-month (TTM) EPS was at Rs 40.44 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 5.34. The latest book value of the company is Rs 125.99 per share. At current value, the price-to-book value of the company was 1.71. The dividend yield of the company was 1.27%.