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Posts tagged L&T Finance Holding IPO

L&T Finance Holdings IPO: Reasonable Price!



L&T Finance Holdings IPO: Reasonable Price!

L&T Finance Holdings IPO price band of Rs. 51 to 59 means that it is available at a PE of 18 to 20 and a Price to Book of 2.5 to 2.89 based on FY 2011 earnings. The price is reasonable considering the L&T muscle behind it

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