Apr 17, 2013, 12.25 PM | Source: CNBC-TV18
According to Sudarshan Sukhani of s2analytics.com, Mahindra and Mahindra is a buying opportunity. He feels there is a strong short-term undercurrent for the bulls.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “ Mahindra and Mahindra (M&M) is a buying opportunity because this market is giving only buying opportunities. There is a strong short-term undercurrent for the bulls. M&M is also a trade that could be taken today. Even in a choppy market some things will go up perhaps M&M is likely to be one of them.”
The company's trailing 12-month (TTM) EPS was at Rs 43.36 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 19.62. The latest book value of the company is Rs 197.18 per share. At current value, the price-to-book value of the company was 4.31. The dividend yield of the company was 1.47 percent.
The stock's price-to-earnings (P/E) ratio stands at 19.62 on (NSE).
Brexit, steep valuations and an unfavourable sale
The all-cash deal is expected to be completed in t
Mahindra and Mahindra has signed a share purchase
Net Sales are expected to increase by 1.7 percent
While demonetisation has hit the auto industry, Ma