Saturday, October 16, 2010

Buy 500 Put of HPCL: VK Sharma

Buy 500 Put of HPCL


HPCL was distinctly a weaker stock and positions were added when the stock was tumbling, so my suggestion is to look at buying the 500 put which was available at around 14 and one can have a stoploss of Rs 10 in that and hope to sell that around 22 in the coming two sessions."


The company's trailing 12-month (TTM) EPS was at Rs -36.38 per share. (Jun, 2010). The stock's price-to-earnings (P/E) ratio was -. The latest book value of the company is Rs 341.31 per share. At current value, the price-to-book value of the company was 1.43. The dividend yield of the company was 2.46%.

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