Sell Amtek Auto, says Alpesh Furiya

Alpesh Furiya of alpeshfuriya.com is of the view that one should sell Amtek Auto.

Furiya told CNBC-Awaaz, "Investors should sell Amtek Auto. The stock is looking weak and that weakness will continue in future as well. It may go down to Rs 135 in near term."
The company's trailing 12-month (TTM) EPS was at Rs 3.66 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 38.52. The latest book value of the company is Rs 160.24 per share. At current value, the price-to-book value of the company was 0.88. The dividend yield of the company was 0.71%.