Taking the guidance at the face value .
Let’s say they post 15-20% of growth in FY-25.
With margins of around 18-20% post Q3.
And around 13% in first two quarters.
They can safely post eps of around 10 INR for full FY.
I’m trying to understand what must be the multiples street would be comfortable with a stock like IPL.
Obviously that will change company to company.
But would the street be comfortable with the stock trading at 30 PE multiples?
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