Mr. Gaurav Barick is a proud alumnus of IIFT, New Delhi & an Investment Banker specialized in Valuation, Private Equity, Equity Research and M&A. Gaurav having almost 10 years of Investment Banking & Policy Making experience with top Public and Private sector organizations. For business tie-up (to become business associates) or advisory related to Fund Raising for start-up, M&A- Restructuring, Valuation, & M&A he can be contacted at [email protected] or on 91-8130141874.
We recommend the investors to buy the scrip at current levels with 12- 18 months time horizon and target price of Rs 275.
On the basis of FY10 EPS of RS 76, the counter is trading at P/E of 19 x (at CPM Rs 1457).
Testing Hedge Effectiveness - as per Ind AS