Short Raymond, says Sudarshan Sukhani

Short Raymond, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Raymond was a short selling idea earlier also. The uptrend gave way to a correction and that correction started a big decline. Raymond has given up all the gains that it had notched up."
He further added, "Raymond is a short sell today and for somebody who is willing to carry positions, can carry the short selling for sometime."
The company's trailing 12-month (TTM) EPS was at Rs -16.32 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was -. The latest book value of the company is Rs 179.91 per share. At current value, the price-to-book value of the company was 2.01. The dividend yield of the company was 0.69%. Disclosure: I have no holdings in the stock discussed.