Wednesday, November 10, 2010

Assam Company can head upto Rs 36, says Mitesh Thacker.

Assam Company can head upto Rs 36, says Mitesh Thacker, Technical Analyst, miteshthacker.com.


Thacker told CNBC-TV18, "Assam Company - strong breakout over here and while we are still midway through the week and the stock has recorded its highest ever weekly volumes at about 3 crore a share already for the last 2.5-3 days. I think this stock should do well over the next few weeks, it could head towards Rs 36."

The company's trailing 12-month (TTM) EPS was at Rs 0.70 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 40.93. The latest book value of the company is Rs 9.97 per share. At current value, the price-to-book value of the company was 2.87. The dividend yield of the company was 0.7%.


Courtesy: http://www.moneycontrol.com/news/stocks-views/assam-company-can-head-upto-rs-36-thacker_497983.html

No comments: