SENSEX NIFTY
Feb 25, 2013, 11.30 AM IST | Source: CNBC-TV18

Sell Coal India on rally: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can sell Coal India on rally.

Sudarshan Sukhani of s2analytics.com is of the view that one can sell Coal India on rally.

Sukhani told CNBC-TV18, " Coal India is headed lower and it is a blue chip. However, we are looking at Rs 320 and then a crack below Rs 320 also. So, the trade should be, sell into a small rally.”

At 10:46 hrs Coal India was quoting at Rs 328.75, down Rs 3.60, or 1.08%. It has touched an intraday high of Rs 334.00 and an intraday low of Rs 328.05.

The company's trailing 12-month (TTM) EPS was at Rs 0.00 per share. (Dec, 2012). The latest book value of the company is Rs 30.97 per share. At current value, the price-to-book value of the company was 10.62. The dividend yield of the company was 3.04%.

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