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Look at Asian Paints: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may look at Asian Paints.

August 24, 2015 / 09:24 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Let us assume that Asian Paints opens with a significant gap down. It is possible that at some point the market may consolidate even for a short period of time. A long trade in Asian Paints, but you have to work out your levels then. But a long trade may actually be profitable it is still one of the strongest stocks."The company's trailing 12-month (TTM) EPS was at Rs 15.08 per share. (Jun, 2015). The stock's price-to-earnings (P/E) ratio was 58.79. The latest book value of the company is Rs 44.10 per share. At current value, the price-to-book value of the company was 20.1. The dividend yield of the company was 0.69 percent.

first published: Aug 24, 2015 09:24 am

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