Invest in Kajaria Ceramics for long term: Gaurav Jain

Gaurav Jain of Hem Securities is of the view that one should invest in Kajaria Ceramics for long term.

Jain told CNBC-Awaaz, "Investors should invest in Kajaria Ceramics with a long term perspective. The stock may go upto Rs 180 in next 1 year time."
The company's trailing 12-month (TTM) EPS was at Rs 8.99 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 13.01. The latest book value of the company is Rs 30.25 per share. At current value, the price-to-book value of the company was 3.87. The dividend yield of the company was 1.71%.