Sell Aptech, says Sudarshan Sukhani

Published on Wed, Jan 11, 2012 at 12:33 |  Source : CNBC-TV18

Updated at Wed, Jan 11, 2012 at 13:02  

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Sudarshan Sukhani , s2analytics.com

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Sell Aptech , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Today Aptech is showing the first signs of exhaustion. So it is a sell because Rs 100 is very strong resistance and it's unlikely to cross that. So the gaps we are seeing today are probably exhaustion gaps rather than anything else. So I have a reverse view, I think it's a sell."

The company's trailing 12-month (TTM) EPS was at Rs 1.61 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 60.50. The latest book value of the company is Rs 54.37 per share. At current value, the price-to-book value of the company was 1.79. The dividend yield of the company was 2.57%.

  

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