Power Grid has target of Rs 104, says Aunali Rupani, Director of Arm Research.
Rupani told CNBC-TV18, "Power Grid is growing at a very healthy pace. Last year, they had installed capacity of close to 6000 kms of transmission lines. This year, they are expected to install 7200 kms of transmission lines. I am expecting an EPS of close to Rs 8 per share in FY12. My target for the stock is at Rs 104 and you can keep a stop loss at Rs 100." Click HERE to know the rules and follow the score cardDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!