Sell Siemens, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the opinion that one can sell Siemens.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead master your money Realasset
moneycontrol.com

Home » News » Stocks Views

Feb 07, 2013, 10.39 AM | Source: CNBC-TV18

Sell Siemens, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the opinion that one can sell Siemens.

Like this story, share it with millions of investors on M3

Sell Siemens, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the opinion that one can sell Siemens.

Post Your Comments

Share Cancel

Sudarshan Sukhani (more)

Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical

Sudarshan Sukhani of s2analytics.com is of the opinion that one can sell Siemens.

Sukhani told CNBC-TV18, "The theme is that capital goods are collapsing. We have seen Bharat Heavy Electricals Limited (BHEL), Larsen and Toubro (L&T) are sell and Siemens is a sell. The same pattern that we are seeing in L&T is now getting started in Siemens. A large rally, the top of that rally then eventually ended up as a distribution and the distribution has given and broken down. Siemens’ charts appear now to be very bearish, almost like BHEL."

The share touched its 52-week high Rs 838.80 and 52-week low Rs 624.05 on 21 February, 2012 and 06 February, 2013, respectively. Currently, it is trading 25.63% below its 52-week high and 0.04% above its 52-week low. Market capitalisation stands at Rs 21,959.83 crore.

The company's trailing 12-month (TTM) EPS was at Rs 20.53 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 30.38. The latest book value of the company is Rs 112.56 per share. At current value, the price-to-book value of the company was 5.54. The dividend yield of the company was 0.96%.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Sell Siemens, says Sudarshan Sukhani

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login