HomeNewsBusinessStocksShort DHFL, says Sudarshan Sukhani

Short DHFL, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends shorting DHFL.

February 04, 2016 / 17:04 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One can short Dewan Housing Finance Corporation (DHFL) with target of Rs 172 for a stop loss at Rs 180."Dewan Housing Finance Corporation closed at Rs 176.95, down Rs 6.55, or 3.57 percent. It has touched a 52-week low of Rs 174.75.The company's trailing 12-month (TTM) EPS was at Rs 24.05 per share. (Dec, 2015). The stock's price-to-earnings (P/E) ratio was 7.36. The latest book value of the company is Rs 158.89 per share. At current value, the price-to-book value of the company was 1.11. The dividend yield of the company was 3.39 percent.

first published: Feb 4, 2016 04:54 pm

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