Buy MRF on dips, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "In MRF it is not a warning sign; it is just a matter of chance. If this is a bull market then MRF is going higher. So, any reasonable dip is still a buying opportunity."

MRF ended at Rs 37,515, down Rs 27.75, or 0.07 percent. It has touched a 52-week high of Rs 39,500 on the BSE.

The company's trailing 12-month (TTM) EPS was at Rs 2,117.09 per share. (Sep, 2014). The stock's price-to-earnings (P/E) ratio was 17.72. The latest book value of the company is Rs 10711.81 per share. At current value, the price-to-book value of the company was 3.5. The dividend yield of the company was 0.08 percent.