Feb 26, 2013, 01.30 PM | Source: CNBC-TV18
Buy Power Grid Corporation of India, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “Power Grid Corporation of India has a good chart. It’s gone through a deep correction. Now this stock is a buying opportunity.”
The share touched its 52-week high Rs 124.45 and 52-week low Rs 103.50 on 05 September, 2012 and 15 May, 2012, respectively.Currently, it is trading 10.73 percent below its 52-week high and 7.34 percent above its 52-week low.
The company's trailing 12-month (TTM) EPS was at Rs 6.42 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 17.31. The latest book value of the company is Rs 51.80 per share. At current value, the price-to-book value of the company was 2.14. The dividend yield of the company was 1.9%.
Sandeep Wagle of powermywealth.com recommends buyi
The board of the company approved as many as 11 pr
Power Grid Corporation of India has informed regar
Sales are expected to increase by 5.0 percent Q-o-