Feb 26, 2013, 11.11 AM | Source: CNBC-TV18
Sell Ashok Leyland, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, "I would be a seller in Ashok Leyland. It has made a big intermediate distribution. I am assuming this is a consolidation in an ongoing bear market. I would be looking to short it, not buy.”
At 10:56 hrs Ashok Leyland was quoting at Rs 22.75, down Rs 0.55, or 2.36%. It has touched an intraday high of Rs 23.15 and an intraday low of Rs 22.75.
The company's trailing 12-month (TTM) EPS was at Rs 2.01 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 11.29. The latest book value of the company is Rs 10.89 per share. At current value, the price-to-book value of the company was 2.08. The dividend yield of the company was 4.41%.
Need govt's help to adopt euro 6 norms: Ashok Leyland
Ashok Leyland's MD and Siam president Vinod Dasari
Ashok Leyland plans 2 plants in Africa, expand UAE facility
The company, which will unveil a school bus and a
Hope for clear roadmap, simpler tax structure for auto ind: SIAM
Vinod Dasari, President of Society of Indian Autom
Ashok Leyland rolls out Captain 40iT tractor
"The new Captain 40iT offers better pick-up, ease
Expect Ashok Leyland to hit Rs 94-95.50, says Rajat Bose
Rajat Bose of rajatkbose.com expects Ashok Leyland
Buy Ashok Leyland, HCL Technologies: Sukhani
Sudarshan Sukhani of s2analytics.com advises buyin
London garage seen selling for $261,000 or more
The price of the garage is close to that of the av
Stichting Pensioenfonds sells 44.31 lakh shares of Crompton
On February 5, 2016 Stichting Pensioenfonds ABP so