September 10, 2007

Prabhudas Lilladher - Power Grid Corporation

Prabhudas Lilladher recommends a SUBSCRIBE on Power Grid Corporation IPO

In the price band of Rs 44-52, the stock quotes at 16.9x and 20.0x FY07 diluted EPS of Rs 2.6.

They believe Power Grid, with the huge power shortages and its monopoly in the power transmission space is a SUBSCRIBE

1 comment:

Anonymous said...

does power grid look good in the long term perspective?