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    HomeNewsBusinessStocksPFC has target of Rs 199: Tulsian

    PFC has target of Rs 199: Tulsian

    PFC has target of Rs 199, says SP Tulsian, sptulsian.com.

    July 04, 2011 / 14:13 IST

    PFC has target of Rs 199, says SP Tulsian, sptulsian.com.

    Tulsian told CNBC-TV18, "PFC has day target of Rs 199. Current loan book of the company is close to about 1 lakh crore and FY11 financial performance has been quite good with EPS of about Rs 23. So share is now rolling at a PE multiple of close to about 7.5 and price to book of about 1.25, which is calculated based on the earnings expected for FY12."

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    first published: Jul 4, 2011 02:11 pm

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