See lower level in TCS, says Sudarshan Sukhani

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See lower level in TCS, says Sudarshan Sukhani

See lower level in TCS, says Sudarshan Sukhani, s2analytics.com.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about TCS See messages about TCS

See lower level in TCS , says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, "TCS even yesterday had become a sell. It was giving pre warning of what could happen to Infosys . TCS was a sell yesterday and apparently is going to be a continuation today. So we are looking at lower levels. It's broken down from a consolidation and that's not just a casual event, it's probably heading lower. "

The company's trailing 12-month (TTM) EPS was at Rs 38.68 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 28.22. The latest book value of the company is Rs 99.53 per share. At current value, the price-to-book value of the company was 10.97. The dividend yield of the company was 1.28%.