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Mahadevan positive on Reliance Infrastructure

06 Jul 10 11:43 AM
Money Control
HOR, UBS is positive on Reliance Infrastructure.

Mahadevan told "We have a positive view on Reliance Infrastructure. We do believe that is a company which could outperform. I know Reliance Infra owns Reliance Power and so that is one stock bearing even that we are positive on it because of the progress they are making on infrastructure projects. So, Reliance Infrastructure is the only stock which is there on our model portfolio at this point in time."

The company's trailing 12-month (TTM) EPS was at Rs 47.03 per share. (Mar, 2010). The stock's price-to-earnings (P/E) ratio was 25.35. The latest book value of the company is Rs 504.51 per share. At current value, the price-to-book value of the company was 2.36. The dividend yield of the company was 0.59%.