Exit Subex, says Dharmesh Kant

Dharmesh Kant of Indianivesh Securities advises to exit Subex.

Kant told CNBC-Awaaz, "Investors should exit Subex. The stock is looking weak and there is no any indication of upside in near term."

He further added, "If the stock touches Rs 45 then one can buy it at that level."

The company's trailing 12-month (TTM) EPS was at Rs 8.91 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 4.82. The latest book value of the company is Rs 44.07 per share. At current value, the price-to-book value of the company was 0.97.