HomeNewsBusinessStocksBuy Arvind on every dip, says Sukhani

Buy Arvind on every dip, says Sukhani

Sudarshan Sukhani of s2analytics.com suggests buying Arvind on every dip.

November 13, 2013 / 18:10 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would be a buyer on every dip in Arvind and Tata Global. You are not going to see these prices again after six months. This correction is giving a golden opportunity to go long, take advantage of it."

On November 13, 2013 Arvind ended at Rs 121.10, up Rs 7.85, or 6.93 percent. It has touched a 52-week high of Rs 121.95. 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 22.85. 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 1.36. The dividend yield of the company was 1.36 percent.
first published: Nov 13, 2013 06:10 pm

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