Buy ARSS Infra, says SP Tulsian

Buy ARSS Infra, says SP Tulsian of sptulsian.com

Tulsian told CNBC-TV18, "ARSS Infra has order book of over Rs 5,200 crore and the share is presently ruling at a PE multiple of close to 3. So buy with stoploss of Rs 338 and day target of Rs 357." The company's trailing 12-month (TTM) EPS was at Rs 78.67 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 4.59. The latest book value of the company is Rs 302.10 per share. At current value, the price-to-book value of the company was 1.19. The dividend yield of the company was 0.28%.