Friday, October 22, 2010

United Phosp has target of Rs 225: Gujral

United Phosphorous has target of Rs 225, says Technical Analyst, .


United Phosphorous has been in a sideways type of range; Rs 175 to about Rs 200. Yesterday it started breaking out there on good volume. Agri fertilizer type of plays are doing well, so we can buy this with a stoploss of about Rs 195. The short term target here could be Rs 225."


The company's trailing 12-month (TTM) EPS was at Rs 3.10 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was 67.37. The latest book value of the company is Rs 43.58 per share. At current value, the price-to-book value of the company was 4.79. The dividend yield of the company was 0.96%


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