Sudarshan Sukhani of s2analytics.com advised selling Shalimar Paints.
Sudarshan Sukhani of s2analytics.com advised selling Shalimar Paints .
Sukhani told CNBC-TV18, “I would advice investor to exit Shalimar Paints. For the last 15 weeks it has been in a trading range now. There are no gains coming in the last 15 weeks. If you have a position it is a good idea to take profits.”
The company's trailing 12-month (TTM) EPS was at Rs 41.50 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 2.63. The latest book value of the company is Rs 32.15 per share. At current value, the price-to-book value of the company was 3.39. The dividend yield of the company was 1.84 percent.
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