Exit Bajaj Finserv, says Rajendra Patel

Rajendra Patel of Highsight Capital advises to exit Bajaj Finserv.

Patel told CNBC-Awaaz, "Investors should exit Bajaj Finserv. The stock has resistance at Rs 590-595. If the stock touches Rs 570-580 then one should exit at that level."
The company's trailing 12-month (TTM) EPS was at Rs 14.26 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 39.20. The latest book value of the company is Rs 96.08 per share. At current value, the price-to-book value of the company was 5.82. The dividend yield of the company was 0.22%.