Stock market analyst Somil Mehta of Sharekhan is of the view that investors can sell DLF stock in today's session with a target between Rs 280.

According to him, the investors can sell the stock with a stoploss of Rs 312.

If the stock fell below Rs 276, it may see more weakness.

Today, the stock opened at Rs 290 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 490.80 and a low of Rs 229.40 on BSE.

Current EPS & P/E ratio stood at 8.61 and 34 respectively.

DLF has increased rates of its inaugural project in Bangalore named as DLF Westend Heights.

DLF has increased price to Rs 3000/sq ft from its previous price of Rs 1850sq/ft, which was set up in April.

Increasing input costs was the cause of the price increase explains a company representative.

The project is being formulated in a land region of 27.5 acres.

The project comprises 1980 units spread across 19 towers, which are 18 floors high. Westend Heights is the initial segment of New Town, with high-rise apartments.