Sukhani told CNBC-TV18, "Sesa Goa has gone through a bear market. It's now just beginning it's new bull market and that's a stock I think traders should watch and consider buying whenever they can."
He further added, " Ashok Leyland is doing signs of a break out - if it comes about that will be significant. So, I would not go and short it now. I would prefer to wait and see if eventually this stock turns around again."
Sesa Goa trailing 12-month (TTM) EPS was at Rs 39.50 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 5.88. The latest book value of the company is Rs 133.34 per share. At current value, the price-to-book value of the company was 1.74. The dividend yield of the company was 1.51%.
