Hold IVRCL, says Hitendra Vasudeo

Hitendra Vasudeo of stocksmechanics.com is of the view that one should hold IVRCL.

Vasudeo told CNBC-Awaaz, "Investors should hold IVRCL. The stock is showing sign of some upside, we can see level of Rs 45-47 in near term. One should exit from the stock at that level."
The company's trailing 12-month (TTM) EPS was at Rs 5.02 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 7.67. The latest book value of the company is Rs 74.43 per share. At current value, the price-to-book value of the company was 0.52. The dividend yield of the company was 1.56%.