Quick update on important areas after the Q2 2023 results-
CMP : 522
MCap : 7800(approx.)
Book value: 512 ( increased by around Rs.70 QOQ)
Loan Repayment during the quater is around 450 crores,
P/E ratio: 2.7(very much undervalued)
EPS: 196 ( 12 months trailing)
EPS for Q2 only: 79.95
This company is so undervalued compared to other OMCs, and to get a company with such a low pe in Indian equity market is really a very rare thing, if at all the company grows at the same pace or maintain its current profitability in no time it shall be debt free( in last around 18 months company as approximately repaid 5000 crores of borrowing which is a huge achievement for a company having market cap bearly of 7000 crores).
Please correct me if the information is wrongly shared and feel free to reply or feedback
| Subscribe To Our Free Newsletter |
