Hi guys, Market is very volatile these days. So Invest in the IPO is like to draw a one white ball from the group of 10 colourd ball without seeing. I have seen the condition of few IPO's listing in Starting of January.You cann't imagine that the issue price was some aroung 150 and the listing price was 72. More or less 50% of IPO were listed arount at 60% of their Issue Price. So keep in mind about these risky games.
based on 2007.. the EPS of the company is 6.32 and the PE ratio based on this EPS is 15.03 at the higher band width. The net asset value per share is coming out to 40 RS at the higher band width. compared to its peers which have the following PE ratio i think it is not very expensive. but the prevailing market condition is tricky. so buy based on due diligence. find below PEER performance
Company EPS PE ratio MSK project - 6.0 - 17.7 PBA Infra - 7.7 - 11.8 Tantia const- 8.2 - 16.5 SVEC - 6.32- 15.03( higer band width of 95)
hi friends, can any one tell me how they have workied out the price band.the fundamentals of this company ar indeed very strong as compared to GLobus spirits, yet price band for this company is lower than of Globus Spirits. What is the formula for working the price band and how it can be assumed that the price band is comfortable enough