Buy Educomp Solutions , says SP Tulsian of sptulsian.com
Tulsian told CNBC-TV18, "Educomp Solutions being the largest company in the education space looks like a good budget buy because the Sarva Shikshya Abhiyaan looks likely to get increased in the budget, which runs in to a sizable amt of Rs 40-45,000 crore and a major slice of that may be enjoyed by the company, and even if you see the present price its ruling at a reasonable level and hence buy call on the stock."
The company's trailing 12-month (TTM) EPS was at Rs 40.53 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 5.11. The latest book value of the company is Rs 167.26 per share. At current value, the price-to-book value of the company was 1.24. The dividend yield of the company was 0.29%.
....more info
Tulsian told CNBC-TV18, "Educomp Solutions being the largest company in the education space looks like a good budget buy because the Sarva Shikshya Abhiyaan looks likely to get increased in the budget, which runs in to a sizable amt of Rs 40-45,000 crore and a major slice of that may be enjoyed by the company, and even if you see the present price its ruling at a reasonable level and hence buy call on the stock."
The company's trailing 12-month (TTM) EPS was at Rs 40.53 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 5.11. The latest book value of the company is Rs 167.26 per share. At current value, the price-to-book value of the company was 1.24. The dividend yield of the company was 0.29%.
....more info