Hold Arvind for long term: Rakesh Bansal

Rakesh Bansal of rakeshbansal.com is of the view that one should hold Arvind for long term.

Bansal told CNBC-Awaaz, "Investors should hold Arvind with stoploss of Rs 93 with a long term perspective. The stock can touch Rs 140 in next 6 months time."
The company's trailing 12-month (TTM) EPS was at Rs 4.55 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 21.62. The latest book value of the company is Rs 70.57 per share. At current value, the price-to-book value of the company was 1.39.