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Sell Suzlon Energy: Somil Mehta

Somil Mehta of Sharekhan is of the view that one should sell Suzlon Energy.

November 28, 2011 / 14:51 IST
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Somil Mehta of Sharekhan is of the view that one should sell Suzlon Energy.


Mehta told CNBC-Awaaz, "Investors should sell Suzlon Energy. The stock is looking weak on chart. There is no any indication of upside in stock. Exit is better option for the investors."
The company's trailing 12-month (TTM) EPS was at Rs 2.26 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 10.24. The latest book value of the company is Rs 38.11 per share. At current value, the price-to-book value of the company was 0.61.
first published: Nov 28, 2011 12:33 pm

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