S Kumar should go up to 85 to 90 very shortly: Seshadri Bharathan, KSEMA Fincon Ltd

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, in a chat with ET Now talks about S Kumar.

What about S Kumar Nationwide? Do you think you can buy that at 178 levels?

Definitely yes if you look at, the book value is around Rs 42. Price to book value trades at around 1.75 times. Sense is that stock should go up to 85 to 90 very shortly. I think in next couple of weeks time we should see this stock around 85 to 90.