LG Balakrishnan and Brothers may test Rs 900: Jai Bala

Jai Bala of 1857 Advisors told CNBC-TV18, "LG Balakrishnan and Brothers looks quite neat and it is heading to Rs 900 plus in the medium term. In the short term we could see a spike of 10-12 percent. That is the top pick if I had to trade in the short term."

The company's trailing 12-month (TTM) EPS was at Rs 41.03 per share. (Mar, 2015). The stock's price-to-earnings (P/E) ratio was 12.64. The latest book value of the company is Rs 191.60 per share. At current value, the price-to-book value of the company was 2.71. The dividend yield of the company was 2.31 percent.