Prakash Industries (Rs.45): price realisation is better in this quarter for all the products like billets, sponge iron, ferro alloys & wire rods. International coal prices have softened in this quarter. Investors can accumulate this stock on dips around Rs.41/43 levels.
Fundamental analysis :-
Expected FY 12 EPS = Rs 19.64
PE ratio at market price = 2.83
Promoter share holding % = 46.48%
Number of pledged shares = 0
Debt to Equity Ratio = 0.41
Book Value = Rs 116.54
Price to Book Value Ratio = 0.48
Dividend yield % = 1.80%
Free Reserves per share = Rs 102
Expected FY 12 EPS = Rs 19.64
PE ratio at market price = 2.83
Promoter share holding % = 46.48%
Number of pledged shares = 0
Debt to Equity Ratio = 0.41
Book Value = Rs 116.54
Price to Book Value Ratio = 0.48
Dividend yield % = 1.80%
Free Reserves per share = Rs 102
I have a target of Rs.100 for 1 - 2 years.
No comments:
Post a Comment