Moneycontrol PRO
HomeNewsBusinessStocksShort Indiabulls Real Estate, says Rakesh Gandhi

Short Indiabulls Real Estate, says Rakesh Gandhi

Short Indiabulls Real Estate, says Rakesh Gandhi of LKP.

August 01, 2011 / 08:50 IST

Short Indiabulls Real Estate, says Rakesh Gandhi of LKP.

Gandhi told CNBC-TV18, "Short Indiabulls Real Estate for a target of Rs 89 and keep stoploss at Rs 106."

The company's trailing 12-month (TTM) EPS was at Rs 1.11 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 89.73. The latest book value of the company is Rs 159.20 per share. At current value, the price-to-book value of the company was 0.63.

first published: Aug 1, 2011 08:48 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347