Now all sectors aren’t the same. And these different sectors/industries have different PE ratio ranges that are considered normal for that industry or sector. Due to their very nature, some industries will have higher PE than normal while others will have lower PEs than normal. So if the i...
We have analyzed all the key factors which may lead to a surge in company's valuation and have assigned a conservative PEx of 16 (historically the stock has been traded in the 14-18 PE zone) on FY11E EPS of Rs 45 and arrived at a target price of Rs 720.Hemal Kampani...