India Investment, Stocks, Credit Card and Retail Forum
Personal Finance for Indian Investor => IPOs and Rights Issues => Topic started by: jatinrshah on November 01, 2010, 04:20:08 PM
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Subscribe to Gravita India IPO: SBICAP Securities
Gravita India is currently valued at 11.7x and 12.2x of its FY10 earnings at lower and upper price band respectively. While comparing the company with its peers based on their trailing twelve months earnings multiples, Gravita India seems reasonably priced based on most valuation parameters. Hence we recommend investors to subscribe to the IPO for listing gains.