Hold DLF, says Abhijit Paul

One should hold DLF, says Abhijit Paul, AVP - Technical Analyst, Brics Securities.

Paul told CNBC-TV18, "DLF looks relatively better. Once it sustains above Rs 250-260, I sense the stock has close to another 70-75 points on the upside. If that happens then one can look to buy into once the stock break above Rs 260. But till then I think, right now at the current level I think one should hold on to it."
The company's trailing 12-month (TTM) EPS was at Rs 7.48 per share. (Sep, 2011). The stock's price-to-earnings (P/E) ratio was 31.07. 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 3.52. The dividend yield of the company was 0.86%.