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Sep 10, 2012, 03.59 PM IST
Buy Century Textiles and Industries, says Sudarshan Sukhani of s2analytics.com.
Buy Century Textiles and Industries , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "There is a theme I have been saying for many weeks now that outperformers are going to reward traders. One of them has been Century Textiles. It completed its bear market, rallied, went through a deep correction but continues to outperform the Nifty. Century Textiles is today coming out of a very large consolidation and breaking above resistance. That is a stock we should be looking at to buy.”
The company's trailing 12-month (TTM) EPS was at Rs 25.52 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 13.29. The latest book value of the company is Rs 204.09 per share. At current value, the price-to-book value of the company was 1.66. The dividend yield of the company was 1.62%.
Action in Century Textiles and Industries
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