Buy GTL Ltd With Stoploss Of Rs 360

Buy GTL Ltd With Stoploss Of Rs 360Stock market analysts are of the view that investors can buy GTL Ltd stock to achieve an intraday target of Rs 373.

According to them, investors can buy the stock with a strict stop loss of Rs 360.

Shares of the company, on Monday (Dec 07), closed at Rs 362.70 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 363 and a low of Rs 195 on BSE.

Current EPS & P/E ratio of the stock stood at 12.27 & 29.52.

GTL has recorded an increase of 3.39% in its consolidated net profit, which stood at Rs 384.28 million for the three month period ended Sep. 30, 2009.

The global group enterprise and a top network services company had a consolidated net profit of Rs 372.04 million in the same period of the last year.

Total income of the company for the quarter ended Sep. 30, 2009 surged 13.49% to Rs 5,559.52 million as against Rs 4,898.73 million during the quarter ended Sep. 30, 2008.

GTL Ltd announced earnings of Rs 4.06 per share, recording marginal growth of 3.30% over the prior year period.