HomeNewsBusinessStocksShort GAIL India, says Sudarshan Sukhani

Short GAIL India, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may short GAIL India as the stock may head lower.

March 16, 2015 / 10:47 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "GAIL India has been under pressure. We have been suggesting a short in it for a long time now and that continues. It is going much lower."

At 10:44 hrs GAIL India was quoting at Rs 381.25, down Rs 5.95, or 1.54 percent. It has touched an intraday high of Rs 390 and an intraday low of Rs 377.

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The company's trailing 12-month (TTM) EPS was at Rs 27.60 per share. (Dec, 2014). The stock's price-to-earnings (P/E) ratio was 13.81. The latest book value of the company is Rs 213.42 per share. At current value, the price-to-book value of the company was 1.79. The dividend yield of the company was 2.73 percent.

first published: Mar 16, 2015 10:47 am

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