1)TTM PE as of today is 27.5x, and still the 2 quarter of the Revenue of 100cr is yet to be reported.
Hence if i assume they maintain the same revenue runrate with the same margins for next 2 quarters, then Forward PE comes to 21x(approx)(assuming Rs.40 crores profit).
2) @rajpanda,- Even my understanding is same coz he explicitly said only Rs.50 crore revenue will be coming from acquisition this year. hence to reach Rs.550 for the June year end, they need to grow Q-o-Q only.
3) one other issue today, UC is limited to yesterday’s closing and decreased the LC to 5%, can anyone tell me what is the criteria for decreasing the circuit limit from 10% to 5%??
Regards,
Ateek
Disc: invested
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