SELL BAJAJ AUTO -- says Chandan Tapadia of Anand Rathi Securities
Chandan Tapadia of Anand Rathi Securities is of the view that one should sell Bajaj Auto .
Tapadia told CBNC-Awaaz, "Investors should sell Bajaj Auto with a stoploss of Rs 1820. The stock has a strong selling pressure. It may go down to Rs 1600 in near term."
The company's trailing 12-month (TTM) EPS was at Rs 121.10 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 14.02. The latest book value of the company is Rs 169.69 per share. At current value, the price-to-book value of the company was 10.01. The dividend yield of the company was 2.36%.
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Chandan Tapadia of Anand Rathi Securities is of the view that one should sell Bajaj Auto .
Tapadia told CBNC-Awaaz, "Investors should sell Bajaj Auto with a stoploss of Rs 1820. The stock has a strong selling pressure. It may go down to Rs 1600 in near term."
The company's trailing 12-month (TTM) EPS was at Rs 121.10 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 14.02. The latest book value of the company is Rs 169.69 per share. At current value, the price-to-book value of the company was 10.01. The dividend yield of the company was 2.36%.
Earn upto Rs. 9,000 pm checking Emails. Join now!
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