Sukhani told CNBC-TV18, "Lupin is a sell. It's been a disappointment. Its equivalent value was Rs 450 where the Nifty was 4,800. Now Nifty crossed 4,800 but Lupin did not. It's actually retreating day by day. It's fallen again on Friday."
He further added, "Now Lupin for some reasons, of course I don't understand the fundamentals, but the charts are telling me that this is in a bear market and going to do much worse. So Lupin is a short sell today and even if the market rallies."
The company's trailing 12-month (TTM) EPS was at Rs 16.24 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 26.41. The latest book value of the company is Rs 70.59 per share. At current value, the price-to-book value of the company was 6.08. The dividend yield of the company was 0.7%.
