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PFC issue proceeds difficult quandary for govt: Udayan

There isn’t a whole lot to recommend PFC FPO. The price is not unattractive on valuation terms. PFC’s valuation is not stretched at 1.3-1.4 times book. It is in line with many public sector banks as well with a superior return and growth profile.

May 10, 2011 / 10:01 IST
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TAGS: #CNBC-TV18 #Managing Editor #PFC FPO #public sector banks #Udayan Mukherjee #Udayan's comments
first published: May 10, 2011 09:31 am

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