Deccan Financials -
EPS FY 16 (E) - 90-95 / -
CMP - 560/-
P/E - 6-6.15/-
Panyam Cements -
EPS FY 16(E) - 20-22/-
CMP - 91/- (Today's Open).
P/E - 4.55 @ 20 EPS (E).
Clearly undervalued.
Further, answering to your concerns raised on rise of Deccan and other companies - are you expecting that the stock will command PE more than 6 or 7 ???
Its really a fancy story out there which is not sustainable. Its good to bet, earn and come out. Its not like ultra tech which commands PE of 38 !!
I hope I have answered to all your concerns raised above.
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