Buy Future Capital: Sudarshan Sukhani

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Buy Future Capital: Sudarshan Sukhani

Sudarshan Sukhani of technicaltrends.com is of the view that one can buy Future Capital.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about Future Capital See messages about Future Capital

Sudarshan Sukhani of technicaltrends.com is of the view that one can buy Future Capital .

Sukhani told CNBC-TV18, "Future Capital has a much better chart when we compare it to Pantaloon, so it's certainly a better buying opportunity. Future Capital is making a bullish chart pattern in a sea of red, so it's worth looking into."

He further added, "Position traders can buy and expect something out of it. Day traders yesterday saw gains and today I expect a follow-through, assuming there is weakness at some point in the market you could buy it at that point and get a better entry level."

The company's trailing 12-month (TTM) EPS was at Rs 12.16 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 12.00. The latest book value of the company is Rs 105.16 per share. At current value, the price-to-book value of the company was 1.39. The dividend yield of the company was 1.03%.