India Cement may see further upside: Sukhani

India Cement may see further upside from hereon, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, “India Cement was a buy in the morning. It went up; it’s broken out of a strong resistance level. We have heard so many good things about cement companies, India Cement is going to play catch up and the charts are supporting a strong upside momentum.”
The company's trailing 12-month (TTM) EPS was at Rs 9.22 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 9.92. The latest book value of the company is Rs 132.42 per share. At current value, the price-to-book value of the company was 0.69. The dividend yield of the company was 2.19%.