Below Rs 196, DLF can test Rs 183-184: Salil Sharma

Sharma told CNBC-TV18, "The charts of DLF have weaken obviously in the past day or two since the report came out but technically speaking Rs 196 is a very critical level, it bounced back yesterday from Rs 197 but the bounce is obviously not sustaining. So a fall below Rs 196 could take it down to the next major support which is closer to around 183-184."

The company's trailing 12-month (TTM) EPS was at Rs 7.48 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 27.01. The latest book value of the company is Rs 65.97 per share. At current value, the price-to-book value of the company was 3.06. The dividend yield of the company was 0.99%.