Suzlon Energy may slip to Rs 24, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "Suzlon Energy, we must look at the context that the prices went up from Rs 17 to Rs 30 plus. So the news is there, the news is also to be looked at, the fact that the correction could be in the offing. I don't think the uptrend has changed, maybe it will take a couple of more days or maybe more time but that's about all. It could go down to Rs 24 as a corrective decline."
The company's trailing 12-month (TTM) EPS was at Rs -1.04 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was -. The latest book value of the company is Rs 38.11 per share. At current value, the price-to-book value of the company was 0.75.
