May 16, 2011, 03.03 PM IST

Kunal Bothra view on Kohinoor Foods

Between Kohinoor as well as KRB, I think Kohinoor looks a much better chart at this point, says Kunal Bothra of LKP.

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Between Kohinoor Foods as well as KRB , I think Kohinoor looks a much better chart at this point, says Kunal Bothra of LKP.


Bothra told CNBC-TV18, "Looking at the stocks probably Kohinoor as well as KRB, I think Kohinoor looks a much better chart at this point because of today’s strong move of 8.5%. It looks quite okay at this point of time trading just above that 200 DMA. I think if it closes above Rs 51.5 level we can be bullish on this stock."


The company's trailing 12-month (TTM) EPS was at Rs -4.72 per share. The latest book value of the company is Rs 74.23 per share. At current value, the price-to-book value of the company was 0.69.


Disclosure: I don’t have any personal holdings in the above stock but we keep recommending them to our clients.


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