1QFY23 Results
- Sales at Rs12.3crs up 32% YoY
- PAT at Rs3.7crs up 49% YoY
Conservatively assuming all remaining quarters of FY23 have same EPS as 1QFY23 (Rs3.07) FY23 EPS likely to be Rs12.28 implying stock trading at 27.4x FY23 at Rs337 which is very reasonable for the kind of growth expected in Prevest
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