Buy Arvind , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Arvind is a much better chart. There is a bounce. It's also gone through a very deep correction, it's recovering from that correction and the gap today suggest continuation rather then exhaustion. So we can expect Arvind to move up. First target could be a good Rs 10 higher at Rs 90-91. So Arvind would be a buying opportunity."
The company's trailing 12-month (TTM) EPS was at Rs 5.30 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 15.53. The latest book value of the company is Rs 58.55 per share. At current value, the price-to-book value of the company was 1.41.
