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Buy Hindalco Industries: Sukhani

16 Jul 10 10:36 AM
Money Control
Buy Hindalco Industries, says Technical Analyst, Sudarshan Sukhani.

Sukhani told "Hindalco is one of the laggards but the sense is that Hindalco as well as Sterlite are now again making those small bases at the lows. These are low risk buying opportunities. If the market moves even a little, there is money to be made in Hindalco. So keep a tight stop loss, go ahead and buy it."

The company's trailing 12-month (TTM) EPS was at Rs 10.01 per share. (Mar, 2010). The stock's price-to-earnings (P/E) ratio was 15.00. The latest book value of the company is Rs 134.27 per share. At current value, the price-to-book value of the company was 1.12. The dividend yield of the company was 0.9%.