Short Delta Corp, says Sudarshan Sukhani

One can short Delta Corp, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Delta Corp is very volatile but the direction is one-sided except for Friday. It is a short sell. A small rally in Delta Corp and consider selling it."
At 10:37 hrs Delta Corp was quoting at Rs 46.65, down Rs 0.90, or 1.89%. It has touched an intraday high of Rs 48.90 and an intraday low of Rs 46.35.
The share touched its 52-week high Rs 84.35 and 52-week low Rs 38.95 on 04 January, 2013 and 22 March, 2013, respectively. Currently, it is trading 44.69% below its 52-week high and 19.77% above its 52-week low. Market capitalisation stands at Rs 1,058.26 crore.
The company's trailing 12-month (TTM) EPS was at Rs -0.03 per share. (Dec, 2012). The latest book value of the company is Rs 29.10 per share. At current value, the price-to-book value of the company was 1.6. The dividend yield of the company was 0.75%.