Stock market analyst Ashwani Gujral has maintained 'sell' rating on DLF Ltd to achieve a target of Rs 330.

According to Mr. Gujral, interested investors can buy the stock with a strict stop loss of Rs 385.

Mr. Gujral said that after selling the stock, the interested investors can enter the stock again at a low price, for medium or long term prospective.

Today, the shares of the company opened at Rs 364 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 9.80 and 38.02 respectively. The share price has seen a 52-week high of Rs 476 and a low of Rs 124.15 on BSE.

India's biggest realtor DLF Ltd has began selling land parcels across the country to lift funds.

Recently, DLF sold 500 plots of 200-400 yards in Indore, mopping up approx Rs 110 crore at an average Rs 800 per sq feet.

DLF recorded a phenomenon fall in its standalone net profit for the three month period ended September 2009. During the period, the company's profit fell 94.71% to Rs 337.80 million.

Net sales during the quarter dropped 70.77% to Rs 3,142 million, whereas total income declined 68.35% to Rs 4,313.80 million.

The company posted an EPS of Rs 0.20 per share during the period under review, recording 94.67% fall over prior year period.