Exit HDIL at Rs 110-115, says Shardul Kulkarni

Shardul Kulkarni of Angel Broking advises to exit HDIL at Rs 110-115.

Kulkarni told CNBC-Awaaz, "Investors should exit HDIL. All the real estate stocks are looking weak. If we see level of Rs 110-115 in stock then one can exit at that level."

The company's trailing 12-month (TTM) EPS was at Rs 21.01 per share. (Jun, 2011). The stock's price-to-earnings (P/E) ratio was 5.37. The latest book value of the company is Rs 225.97 per share. At current value, the price-to-book value of the company was 0.5.