Pantaloon Retail can touch Rs 140: Sukhani

Sudarshan Sukhani of s2analytics.com is of the opinion that Pantaloon Retail can touch Rs 140.

Sukhani told CNBC-TV18, "Pantaloon Retail is a disappointment. It was on rally. I thought it is entering a bull market. The market is wiser. Now we are looking at Rs 140 maybe even lower levels. That is a pity."
At 10:44 hrs Pantaloon Retail was quoting at Rs 157.55, down Rs 0.60, or 0.38%. It has touched an intraday high of Rs 161.55 and an intraday low of Rs 152.20.
The company's trailing 12-month (TTM) EPS was at Rs 1.84 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 85.60. The latest book value of the company is Rs 117.35 per share. At current value, the price-to-book value of the company was 1.34. The dividend yield of the company was 0.57%.
The share touched its 52-week high Rs 275.75 and 52-week low Rs 139.75 on 22 January, 2013 and 18 May, 2012, respectively. Currently, it is trading 42.86% below its 52-week high and 12.74% above its 52-week low. Market capitalisation stands at Rs 3,648.58 crore.