Above Rs 241, DLF can add Rs 15-20: Salil Sharma

If Rs 240-241 level is clear then DLF would get a smooth run for another Rs 15-20, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.

Sharma told CNBC-TV18, "I think DLF though around two days back it touched the intraday high of Rs 241 and then reacted quite sharply from there. But I expect that next time around maybe in the late hour today or tomorrow if the Rs 240-241 level is clear then it would get a smooth run for another Rs 15-20.”
He further added, “Besides this Unitech gave a breakout above its 200 DMA at Rs 24.10. HDIL already has moved quite sharply, so I would look at that only when there is a correction."
The company's trailing 12-month (TTM) EPS was at Rs 6.13 per share. (Jun, 2012). The stock's price-to-earnings (P/E) ratio was 38.34. The latest book value of the company is Rs 85.35 per share. At current value, the price-to-book value of the company was 2.75. The dividend yield of the company was 0.85%.