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Moneycontrol.com >> Messageboard >> Stocks >> Nectar Life >> the year ahead seems promising!!
   You are here :     Moneycontrol     MMB    Stocks      Nectar Life                         Most active discussions of 2006 , 2007 & 2008
the year ahead seems promising!! (4)   14-Sep-09 08:29Track this thread   Tracked by (0)  
Posted by:   rajiv on ( 14-Sep-09 08:29 )
Price : BSE: Rs 22.50 ( -3.23 % ), NSE: Rs. 22.45 ( -3.23 % )
The company`s annual report informs that this years annual net profit to be around 115 crores.On a equity of 15.6 crores this translates to a eps of about 7 on 1 paid up share.At 22 this share is highly undervalued and the promoters hold 60%.I think this share can easily reach 35-40. even at that price the pe will be about 5.Does anyone agree to this?
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