HomeNewsBusinessStocksBuy Arvind on dips: Sudarshan Sukhani

Buy Arvind on dips: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying Arvind on dips.

December 23, 2013 / 17:21 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It has been a vertical run for Arvind and the big gains are likely to continue. The stock remains a buy on dips."

On December 23, Arvind closed at Rs 134.25, up Rs 7.70, or 6.08 percent.

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The share touched its 52-week high Rs 133.40 and 52-week low Rs 65 on 03 December, 2013 and 08 August, 2013, respectively.

The company's trailing 12-month (TTM) EPS was at Rs 5.30 per share. (Sep, 2013). The stock's price-to-earnings (P/E) ratio was 25.33. The latest book value of the company is Rs 89.11 per share. At current value, the price-to-book value of the company was 1.51. The dividend yield of the company was 1.23 percent.