Stay away from Shoppers Stop: Kunal Saraogi

Stay away from Shoppers Stop, says Kunal Saraogi of Equityrush.

Saraogi told CNBC-Awaaz, "Investors should stay away from Shoppers Stop. We have seen high volumes in stock in last few days but there is no any indication of upside. The stock is looking weak below Rs 380. Exit is better option for the investors."

He further added, "If investor wants to buy stock in retail space then Pantaloon Retail a good choice. It can give better return than Shoppers Stop."

 

The company's trailing 12-month (TTM) EPS was at Rs 9.58 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 38.25. The latest book value of the company is Rs 72.54 per share. At current value, the price-to-book value of the company was 5.05. The dividend yield of the company was 0.2%.