Their net profit margin camenaround 8% as per my calculations (interest cost would double next year). So stock trades at 30 pe on next FY earnings. Barring any surprises. Valuations wise you will need to decide whether its investible or not.
Posts in category Value Pickr
US discount brokers operating in India (22-03-2024)
Can anyone throw some light, which option is best through
Indian MF like motilal or through US Brokers like Ind Money or Vested.
Buy Unlisted Shares (22-03-2024)
What is the price being quoted now for nse?
Narayana Hrudayalaya Ltd (22-03-2024)
Looks like Marcelleus made an entry.
US discount brokers operating in India (22-03-2024)
I use Indmoney, although not sure if they are discount brokers or not
Semiconductor world – CPU/GPU Wars (22-03-2024)
Sasken has made new acquisition in a small startup called “Anups Silicon” for 38 crore. Management interview full of hot and buzz worthy words like “chips, foundry, silicon design, semiconductors”
Companies with 20%+ growth guidance for next few years (22-03-2024)
Som Distilleries should also do 20-30% + growth in bottomline considering IPL season, elections and the undergoing capex in Karnataka plants.