Avoid VIP Industries: Sudarshan Sukhani

Avoid VIP Industries, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Avoid VIP Industries. We should not even discuss it but if at all somebody wants to do a trade there, it is a short sell. It is not in a Futures and Options (F&O), so short selling is also not easy.”

The share touched its 52-week high Rs 127.90 and 52-week low Rs 68.55 on 22 February, 2012 and 27 July, 2012, respectively.Currently, it is trading 39.8% below its 52-week high and 12.33% above its 52-week low.

The company's trailing 12-month (TTM) EPS was at Rs 4.76 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 16.16. The latest book value of the company is Rs 17.15 per share. At current value, the price-to-book value of the company was 4.48. The dividend yield of the company was 2.08%.