Feb 27, 2013, 09.25 AM IST | Source: CNBC-TV18

Sell Raymond, says Sudarshan Sukhani

Sell Raymond, says Sudarshan Sukhani of s2analytics.com.

Sell Raymond, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, " Raymond has been coming in the shortlist repeatedly, it doesn’t stop at all. Now it is making new lows again for this downtrend. So a stock that says ‘I am willing to go lower than the broad market and I am going lower on and on’ is something that we want to go and sell.”

He further added, “There is a theme here. Century Textiles , Raymond, Bombay Dyeing , all of them have suddenly collapsed. That was the collective theme when they were going up and collectively they are coming down.”

The company's trailing 12-month (TTM) EPS was at Rs -16.32 per share. (Dec, 2012). The latest book value of the company is Rs 179.91 per share. At current value, the price-to-book value of the company was 1.86. The dividend yield of the company was 0.75%.

Set email alert for

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Arvind Kejriwal

1695.71 -35.05 -2.03%

54071

Bought today

83300

Sold today

0.62%

User holding

video of the day

Add cyclicals, banks on positive poll outcome: UBS

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.