Sell Sterlite Industries: Ashish Chaturmohta

Sell Sterlite Industries, says Ashish Chaturmohta of IIFL Wealth.

Chaturmohta told CNBC-Awaaz, "Investors should sell Sterlite Industries with a stoploss of Rs 120. The stock is looking weak on chart. It may go down to Rs 105 in coming days."

The company's trailing 12-month (TTM) EPS was at Rs 4.00 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 28.63. The latest book value of the company is Rs 69.05 per share. At current value, the price-to-book value of the company was 1.66. The dividend yield of the company was 0.96%.