Buy Suven Life Sciences: Rajat Bose

Rajat Bose of rajatbose.com told CNBC-TV18, "One can buy Suven Life Sciences with a target of Rs 258-259.""On the charts banks are not looking that good especially after today's fall but then my choice would be Kotak Mahindra Bank , it looks good. Another bank that you can buy would be HDFC Bank. Yes Bank particularly is showing a distribution pattern. Maybe today it has actually broken down from that after falling below Rs 700. However Yes Bank can still remain weak. Safer stock would be HDFC and Kotak," he said.Suven Life's trailing 12-month (TTM) EPS was at Rs 7.40 per share. (Sep, 2015). The stock's price-to-earnings (P/E) ratio was 34.43. The latest book value of the company is Rs 43.94 per share. At current value, the price-to-book value of the company was 5.8. The dividend yield of the company was 0.24 percent.