HDFC may test Rs 800: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "I will be a little cautious on banking and finance including the housing finance companies. As an investor look for a level of around Rs 800 in Housing Development Finance Corporation (HDFC) probably in the December series."

On December 11, 2013 Housing Development Finance Corporation closed at Rs 821.55, up Rs 13.20, or 1.63 percent. The share touched its 52-week high Rs 931 and 52-week low Rs 632.20 on 30 May, 2013 and 28 August, 2013, respectively. The company's trailing 12-month (TTM) EPS was at Rs 29.87 per share. (Sep, 2013). The stock's price-to-earnings (P/E) ratio was 27.50. At current value, the price-to-book value of the company was 0. The dividend yield of the company was 1.52 percent. The stock's price-to-earnings (P/E) ratio stands at 27.39 on (NSE)