Sell Tata Power, says Jatinder Sharma

Jatinder Sharma of Equity Strategies advises to sell Tata Power.

Sharma told CNBC-Awaaz, "Investors should sell Tata Power. The stock is looking weak on chart. It may go down to Rs 89-90 in coming days."

The company's trailing 12-month (TTM) EPS was at Rs 4.09 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 23.86. The latest book value of the company is Rs 47.36 per share. At current value, the price-to-book value of the company was 2.06. The dividend yield of the company was 1.28%.