Book some profits in Vijaya Bank: Kulkarni

Book some profits in Vijaya Bank, says Shardul Kulkarni, Sr. Technical Analyst, Angel Broking.

Kulkarni told CNBC-TV18, "If I had the Vijaya Bank shares, I would ideally at least book partial profits at current levels or a little above the current levels - near to Rs 78 to Rs 80 mark. That is I think a decent place to actually book profits and move out. You would see a retracement resistance at that particular level."
The company's trailing 12-month (TTM) EPS was at Rs 11.08 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 6.69. The latest book value of the company is Rs 68.26 per share. At current value, the price-to-book value of the company was 1.09. The dividend yield of the company was 3.37%.