See lower levels in Coal India: Sudarshan Sukhani

See lower levels in Coal India, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "I would assume that a lot of people have Coal India through the Initial Public Offering (IPO). They own it and lot of people must have bought it also.”
He further added, “Coal India has been falling. At Rs 310-320 it made a small bearish flag and that suggests a sub-Rs 300 level. I would not know why it is falling. My job is only to see is a chart pattern poor or good. Unfortunately it is very poor for Coal India. It has come in our sell list a little while ago.”
The share touched its 52-week high Rs 386 and 52-week low Rs 305.10 on 17 September, 2012 and 28 February, 2013, respectively. Currently, it is trading 18.91% below its 52-week high and 2.59% above its 52-week low. Market capitalisation stands at Rs 197,702.21 crore.
The company's trailing 12-month (TTM) EPS was at Rs 0.00 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 0.00. The latest book value of the company is Rs 30.97 per share. At current value, the price-to-book value of the company was 10.11. The dividend yield of the company was 3.19%.