Buy Gujarat Gas with target of Rs 480: Rajesh Agarwal

Buy Gujarat Gas with a target of Rs 480, says Rajesh Agarwal of Eastern Financers.

Agarwal told CNBC-TV18, "One can buy Gujarat Gas with a target of Rs 480. The stock looks fundamentally very good for the long term." The company's trailing 12-month (TTM) EPS was at Rs 23.97 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 18.77. The latest book value of the company is Rs 63.69 per share. At current value, the price-to-book value of the company was 7.07. The dividend yield of the company was 2.67%. Click HERE to know the rules and follow the score card