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Sensex EPS expected to move up to Rs 838-845 levels
2008-05-06 16:54:42 Source : Midcap Radar/CNBC-TV18
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By Haresh Soneji, CNBC-TV18
22 companies have declared thier results. Eight big companies yet to declare their results. These companies account for 40% of Sensex PAT results expected by June.
Currently Sensex EPS at Rs 822. With these big numbers Sensex EPS expected to move up to Rs 838-845 levels. CNBC TV18 estimates pegged FY08 EPS at Rs 852 lower end on account of dismal performance of auto and metals. Tata Steel, Tata Motors still to declare numbers.
|
Sensex Levels for FY09 |
Pessimist |
Realistic |
Optimistic |
|
EPS Growth (base Rs 845) |
0.1 |
0.15 |
0.2 |
|
Fwd P/E |
|
|
|
|
15x |
13942.5 |
14576.25 |
15210 |
|
18x |
16731 |
17491.5 |
18252 |
|
20x |
18590 |
19435 |
20280 |
|
Source: CNBC TV18 Analysis | |||
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