Sell Punj Lloyd: Kamlesh Kotak

Sell Punj Lloyd, says Kamlesh Kotak, Asian Market Securities

Kotak told CNBC-TV18, "Sell Punj Lloyd with a target price of Rs 58. The company's Q1 numbers to be announced today may not be encouraging and the stock may react negatively and hence a sell." The company's trailing 12-month (TTM) EPS was at Rs 0.37 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 174.05. The latest book value of the company is Rs 107.18 per share. At current value, the price-to-book value of the company was 0.6. The dividend yield of the company was 0.23%. Click HERE to know the rules and follow the score card