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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
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   Posted: 01/Jun/2009 at 5:51pm |
Are the results out....???
By the way, why to be conservative? Secondly, even if to be conservative, whats there in giving it a multiple of 8?
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Jai Guru!!!
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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Posted: 01/Jun/2009 at 5:55pm |
The results were indeed printed in ET today.
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paragdesai
Senior Member
Joined: 22/Oct/2007
Location: India
Online Status: Offline
Posts: 837
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Posted: 01/Jun/2009 at 6:00pm |
Originally posted by Vivek Sukhani
Are the results out....???
By the way, why to be conservative? Secondly, even if to be conservative, whats there in giving it a multiple of 8? |
Result is here:Historically it was trading at this PE. So on a conservative note I am saying this. I don't mind if it trade at 20-25 pe. 
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Luck is what happens when preparation meets opportunity ....
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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Posted: 01/Jun/2009 at 6:05pm |
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Hi Parag, How do you find out about historical P/E of a stock? I am trying to hunt for this data desperately.
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paragdesai
Senior Member
Joined: 22/Oct/2007
Location: India
Online Status: Offline
Posts: 837
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Posted: 01/Jun/2009 at 6:13pm |
I am talking for last 3 years. For more details you can go to BSE Archive Section. Here
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Luck is what happens when preparation meets opportunity ....
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Vivek Sukhani
Senior Member
Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
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Posted: 01/Jun/2009 at 6:36pm |
Originally posted by paragdesai
Originally posted by Vivek Sukhani
Are the results out....???
By the way, why to be conservative? Secondly, even if to be conservative, whats there in giving it a multiple of 8? |
Result is here:
Historically it was trading at this PE. So on a conservative note I am saying this. I don't mind if it trade at 20-25 pe.
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With this kind of a performance, if you give it a 8 P/E, I will get the stock at that P/E and short the other stocks.....nothing could be a better trade than that
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Jai Guru!!!
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subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
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Posted: 01/Jun/2009 at 6:56pm |
Originally posted by paragdesai
I am talking for last 3 years. For more details you can go to BSE Archive Section. Here |
Thank you Sir. 
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rushabh
Newbie
Joined: 06/Mar/2009
Location: India
Online Status: Offline
Posts: 22
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Posted: 02/Jun/2009 at 2:31pm |
If the stock can maintain the level of 20-25 PE, i see it touching 350-400 mark by october. The demand for the cookers is immense as i got to knw frm a dealer in the city who deals specificly in this brand. Moreover, wot i learnt was the demand for this brand of cookware is such that the delivery of the stock recieved by is dealers are those which are booked 2 months prior. The stock has great growth potentiality and even in these adverse market conditions it has a dividend yield of approx. 9.5%.
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