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Invest in SREI Infrastructure: Sudarshan Sukhani

SREI Infrastructure is in a process of bottoming out. It looks good for an investment, says Sudarshan Sukhani of s2analytics.com.

May 27, 2013 / 14:31 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "SREI Infrastructure is in a process of bottoming out. It is building a base that is always a tedious process, so I don’t think we should track it on a day to day basis. If one is looking to make an investment here then SREI Infrastructure is a good opportunity. I would not recommend a day trade."


At 14:25 hrs SREI Infrastructure Finance was quoting at Rs 26.80, up Rs 0.80, or 3.08 percent. It has touched an intraday high of Rs 27.25 and an intraday low of Rs 26.65.


The company's trailing 12-month (TTM) EPS was at Rs 2.67 per share. (Mar, 2013). The stock's price-to-earnings (P/E) ratio was 10.04. The latest book value of the company is Rs 53.21 per share. At current value, the price-to-book value of the company was 0.5. The dividend yield of the company was 1.87 percent.

first published: May 27, 2013 02:31 pm

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