Don't invest in DB Realty: Sandeep Jain

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Don't invest in DB Realty: Sandeep Jain

Do not invest in DB Realty, says Sandeep Jain of Trade swift Broking.

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Do not invest in DB Realty , says Sandeep Jain of Trade swift Broking.

Jain told CNBC-Awaaz, "Investors should not invest in DB Realty. The stock is under pressure due to bad news."

He further added, "If investors want to invest in realty stocks they can invest in Oberoi Realty and Nagarjuna fertilisers . These stocks can give good return than DB Realty."

The company's trailing 12-month (TTM) EPS was at Rs 10.73 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 5.18. The latest book value of the company is Rs 137.82 per share. At current value, the price-to-book value of the company was 0.4.