Sell Wipro below Rs 330: Rakesh Bansal

Sell Wipro below Rs 330, says Rakesh Bansal of rakeshbansal.com.

Bansal told CNBC-Awaaz, "Wipro is trading on dips continuously. There is no any indication of upside in stock. If it trades below Rs 330 then one can exit from stock at that level."

The company's trailing 12-month (TTM) EPS was at Rs 20.16 per share. (Jun 2011). The stock's price-to-earnings (P/E) ratio was 16.87. The latest book value of the company is Rs 86.77 per share. At current value, the price-to-book value of the company was 3.92. The dividend yield of the company was 1.18%.