HomeNewsBusinessStocksExpect 25-30% returns in Tech Mahindra: Ashwani Gujral

Expect 25-30% returns in Tech Mahindra: Ashwani Gujral

According to Ashwani Gujral of ashwanigujral.com, one can sell 25-30 percent returns in Tech Mahindra over the next few months.

May 25, 2016 / 19:25 IST
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Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "This is a longer-term call in Tech Mahindra that often things move with a breakaway gap where there was no expectation and suddenly you have good results. So chances are that a long-term bottom has been made, so even now if you buy, you can easily get 25-30 percent over the next few months."The company's trailing 12-month (TTM) EPS was at Rs 29.05 per share. (Mar, 2016). The stock's price-to-earnings (P/E) ratio was 18.07. The latest book value of the company is Rs 116.03 per share. At current value, the price-to-book value of the company was 4.52. The dividend yield of the company was 1.14 percent.

first published: May 25, 2016 03:23 pm

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