Prefer PFC over REC at current levels, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "PFC was a buying call in the morning. I am gratified to see that it's done its bit and moved up. PFC is also coming out of a trading range and it's giving a sense that it's probably looking at least in the short-term higher towards Rs 160 or so. So there is some momentum still left. REC does the same thing almost as PFC does but between the two PFCs charts for the short-term are slight better. Since we can take one of them PFC is the preferred instrument for now."
The company's trailing 12-month (TTM) EPS was at Rs 22.82 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 6.36. The latest book value of the company is Rs 119.75 per share. At current value, the price-to-book value of the company was 1.21. The dividend yield of the company was 3.45%.
Disclosure: I do not have a personal holding in any of the stocks discussed.
