Exit Thomas Cook, says Puneet Kinra

Puneet Kinra of Bonanza Portfolio advises to exit Thomas Cook.

Kinra told CNBC-Awaaz, "Investors should exit Thomas Cook at Rs 58. The stock is looking weak and showing sign of downside. It may go down to Rs 40 in future."
The company's trailing 12-month (TTM) EPS was at Rs 2.12 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 22.41. The latest book value of the company is Rs 14.43 per share. At current value, the price-to-book value of the company was 3.29. The dividend yield of the company was 0.79%.