Gautam Trivedi, MD & CEO of Religare Capital Markets told CNBC-TV18, "We are not that bullish on metals. The global commodity cycle is still reasonably weak and we are pretty much telling people to stay away from metals. There are opportunistic plays like may be Jindal Steel & Power (JSPL) which, if their mining problems get sorted out could be interesting given how much it has fallen from its peak. So, there could be bounce back opportunities but in general we are not necessarily excited about the metal space."
The company's trailing 12-month (TTM) EPS was at Rs 3.88 per share. (Dec, 2014). The stock's price-to-earnings (P/E) ratio was 48.02. The latest book value of the company is Rs 142.79 per share. At current value, the price-to-book value of the company was 1.3. The dividend yield of the company was 0.81 percent.
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