Sesa Goa may go down 6-8%: Somil Mehta

Sesa Goa may go down 6-8%, says Somil Mehta of Sharekhan.

Mehta told CNBC-Awaaz, "Sesa Goa is looking weak on chart. There is strong indication of downside in stock. It may go down by 6-8% in future."
The company's trailing 12-month (TTM) EPS was at Rs 35.44 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 5.84. The latest book value of the company is Rs 133.34 per share. At current value, the price-to-book value of the company was 1.55. The dividend yield of the company was 1.69%.