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.
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