Sell Lanco Infra on rise, says Sudarshan Sukhani

Sell Lanco Infratech on rise, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, “Lanco Infratech is another one that has cracked. It is difficult for me to determine a downside target because that target could become negative. That would not happen. However, the view is clear that it needs to be sold into. There is nothing in it.  Any rally is a selling opportunity.”
The share touched its 52-week high Rs 25.10 and 52-week low Rs 11.29 on 17 February, 2012 and 29 August, 2012, respectively.Currently, it is trading 53.15% below its 52-week high and 4.16% above its 52-week low.
The company's trailing 12-month (TTM) EPS was at Rs -0.10 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was -. The latest book value of the company is Rs 14.94 per share. At current value, the price-to-book value of the company was 0.79.