Book profit in SBI: Rakesh Bansal

Rakesh Bansal, CEO of rakeshbansal.com advises to book profit in SBI.

Bansal told CNBC-Awaaz, "Investors should book profit in SBI. There is indication of downside in stock in future. It has support at Rs 2050. If it touches the support level in coming sessions then one should book profit at that level."
The company's trailing 12-month (TTM) EPS was at Rs 109.19 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 16.98. The latest book value of the company is Rs 1023.40 per share. At current value, the price-to-book value of the company was 1.81. The dividend yield of the company was 1.62%.