HCL Tech can touch Rs 430-435: Ashish Chaturmohta

HCL Tech can touch Rs 430-435, says Ashish Chaturmohta of IIFL Wealth.

Chaturmohta told CNBC-Awaaz, "Investors should invest in HCL Tech. The stock is looking good in IT stocks. If the stock remains at Rs 410 then it may go upto Rs 430-435 in future."
The company's trailing 12-month (TTM) EPS was at Rs 17.38 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 23.19. The latest book value of the company is Rs 88.96 per share. At current value, the price-to-book value of the company was 4.53. The dividend yield of the company was 0.99%.