Sell KRBL, says Sukhani

Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS KRBL has target of Rs 30: Gujral ALSO READ See previous views by Sudarshan Sukhani See what other Experts & Brokerages are saying about KRBL See messages about KRBL KRBL BSE | NSE 17/02/12 Are Mutual Funds betting on KRBL?

Sell KRBL , says Technical Analyst, Sudarshan Sukhani.

Sukhani told CNBC-TV18, "Some of the rice stocks are attractive but KRBL is not in that list. Kohinoor is much better."

He further added, "If you own KRBL and there is a rally, it is 5% up, you want to get out of it. So it is a sell for me."

At 13:29 hrs the share was quoting at Rs 26.20, up Rs 0.95, or 3.76% with volumes of 908,202 shares. Yesterday the share closed down 0.59% or Rs 0.15 at Rs 25.25.

e company's trailing 12-month (TTM) EPS was at Rs 3.46 per share. The stock's price-to-earnings (P/E) ratio was 7.57. The latest book value of the company is Rs 16.51 per share. At current value, the price-to-book value of the company was 1.59. The dividend yield of the company was 0.76%.

The company touched its 52 week high Rs 262.50 and 52 week low Rs 22.50 on 02 Feb, 2010 and 24 Feb, 2010, respectively. Currently, it is trading -90.02% below its 52-week high and 16.44% above its 52-week low. Market capitalisation stands at Rs 636.95 crore.