Exit Ambuja Cements: Somil Mehta

Somil Mehta of Sharekhan is of the view that one should exit Ambuja Cements.

Mehta told CNBC-Awaaz, "Investors should exit Ambuja Cements with a stoploss of Rs 154. The stock is looking weak and it may go down to Rs 138 in future."
The company's trailing 12-month (TTM) EPS was at Rs 7.61 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 19.10. The latest book value of the company is Rs 47.85 per share. At current value, the price-to-book value of the company was 3.04. The dividend yield of the company was 1.79%.