SahranpriJi, All cats & dogs are going up.SJVNL & NHPC will also catch the fancy of rotators(People who try to find the shares which have not gone up in a raging bull market)
AGK, Ramky's consolidated net profit was 1288 million i.e 129 Cr for FY10.Equity shares outstanding before Issue were 49420014 shares.Fresh sale is for 350 Cr.Now price band is 405-468 .Anchor investors have been alloted shares at 425.Therefore no of shares on sale =350/425=0.82 Cr.Post Issue No. of shares will be 4.942 + 0.82 Cr=5.76 Cr.So EPS=129/5.76=22.4. PE will come out to 425/22.4=19. Hope it clarifies your doubt.
I fail to understand how different analysts can even report different P/E ratios. I can understand forecasts and targets being different.....
Earlier SJ and few others had said Ramky was pretty expensive and is valued at 40x PE. Now in the post no. 203 by john PTA quotes that Ramky is available at 20x PE ratio.
Can someone plz clarify how come there is such a hugeee difference. A newcomer like me gets confused which to believe. As per my knowledge with FY10 EPS of 21, Ramky will be at 19 - 23 times PE multiple.