More upside in HDIL: Sudarshan Sukhani

More upside in HDIL, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Housing Development Infrastructure (HDIL) has been a pick and the stock has now made new highs for this uptrend. Real estate stocks can't actually make lifetime new highs because earlier they had such absurd levels. However, we have to simply track in this current bull market or uptrend is it making new highs and HDIL just did that. That’s a nice place to be. I think there is more upside here; much more than we imagine. Infact HDIL has been tracked since it crossed Rs 75-80 and it has done well."
The company's trailing 12-month (TTM) EPS was at Rs 9.23 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 12.96. The latest book value of the company is Rs 239.53 per share. At current value, the price-to-book value of the company was 0.5.
The share touched its 52-week high Rs 135.40 and 52-week low Rs 62.40 on 22 February, 2012 and 24 May, 2012, respectively. Currently, it is trading 11.63% below its 52-week high and 91.75% above its 52-week low. Market capitalisation stands at Rs 5,013.38 crore.