The torrent stock looks terribly undervalued to me. If you take FY 16 EPS, the forward PE is only 15-16.
So, even if the PE corrects to 25/30, for high quality pharma company, this could give superb returns. But one has to be patient for these things. It looks like a mis priced bet or am I missing something ?
Re rating after Q2 may be ?
Disc : invested
Subscribe To Our Free Newsletter |