SENSEX NIFTY
Feb 26, 2013, 01.31 PM IST | Source: CNBC-TV18

Sell Larsen and Toubro: Sudarshan Sukhani

Sell Larsen and Toubro (L&T), says Sudarshan Sukhani of s2analytics.com.

Sell Larsen and Toubro (L&T), says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, “Larsen and Toubro is a sell. It is showing bad chart patterns, breaking down from support levels. In fact BHEL with strong support at 200 is probably a better opportunity to go long, not L&T.”

The share touched its 52-week high Rs 1,719.50 and 52-week low Rs 1,185.00 on 29 October, 2012 and 04 June, 2012, respectively.Currently, it is trading 19.85% below its 52-week high and 16.3% above its 52-week low.

The company's trailing 12-month (TTM) EPS was at Rs 81.95 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 16.81. The latest book value of the company is Rs 409.54 per share. At current value, the price-to-book value of the company was 3.36. The dividend yield of the company was 1.2%.

Set email alert for

ADS BY GOOGLE

video of the day

Financials a big bet; bullish on LIC HF, Shriram Trans: UBS

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.