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Invest in Tata Steel: Jitendra Panda

Jitendra Panda of Future Capital Securities feels that one should invest in Tata Steel.

October 13, 2011 / 18:39 IST
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Jitendra Panda of Future Capital Securities feels that one should invest in Tata Steel.


Panda told CNBC-Awaaz, "Investors should invest in Tata Steel. The stock is looking good in metal space. It can give attractive return in future."
The company's trailing 12-month (TTM) EPS was at Rs 78.25 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 5.78. The latest book value of the company is Rs 503.19 per share. At current value, the price-to-book value of the company was 0.9. The dividend yield of the company was 2.65%.
first published: Oct 13, 2011 01:22 pm

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