Apr 17, 2013, 12.28 PM IST | Source: CNBC-TV18

Buy Infosys on dips advises Sudarshan Sukhani

Sudarshan Sukhani of advised traders to buy Infosys on dips.

Sudarshan Sukhani of advised traders to buy Infosys on dips.

Sukhani told CNBC-TV18, “ Infosys still does not seem to have found its feet post the earnings. The trade, if one has to do something would be to go long on some kind of sharp intraday dips. Yesterday Infosys suddenly collapsed. These collapses can be used to take a position on the buy side. However, we would not like to do anything with it.”

The company's trailing 12-month (TTM) EPS was at Rs 129.58 per share. (Mar, 2013). The stock's price-to-earnings (P/E) ratio was 17.64. The latest book value of the company is Rs 676.95 per share. At current value, the price-to-book value of the company was 3.38. The dividend yield of the company was 2.06 percent.

The stock's price-to-earnings (P/E) ratio stands at 17.65 on (NSE).

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