At the CMP of Rs.96.5, Trigyn Technologies is trading at 11.40 x its FY15 which we believe is underpriced and looks attractive. We attach an exit P/E multiple of 11.5x its FY16E EPS of Rs.10.21 per share. Based on our valuation we arrive at the target price of Rs.117 with a BUY rating & a potential upside of 20%.
| Subscribe To Our Free Newsletter |
