Hold DLF for long term: Amit Goyal

Amit Goyal of Pace Group feels that one should hold DLF for long term.

Goyal told CNBC-Awaaz, “Investors should hold DLF with a long term perspective.The stock is trading well in realty space but it is looking under pressure in short term. It can give attractive return in long term.”

The company’s trailing 12-month (TTM) EPS was at Rs 6.82 per share. (Sep 2011). The stock’s price-to-earnings (P/E) ratio was 33.28. The latest book value of the company is Rs 81.35 per share. At current value, the price-to-book value of the company was 2.79. The dividend yield of the company was 0.88%.